40 yr old profitable Steel furniture manufacturing business for sale

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Ad Details

  • Ad ID: 2008

  • Added: March 5, 2020

  • Condition: Running Business

  • Location: India

  • State: Karnataka

  • City: Bangalore

  • Views: 81

  • Reason for Sale/Buy/Lease: Retirement of owner

  • Stake Sale %: 100

  • Established Since: 1979

  • Employees Size: 30

  • Annual Sales: 5-6 crores

  • OPM(Operating Profit margin) %: 15-20 percent

  • Business Entity type (Pvt, Public, LLP): Sole proprietorship

Description

We have a manufacturing unit, display area and office space covering 17,000 sqft (Land area 7200 sqft) in Central Bangalore
– We manufacture all types of steel furniture for use in office spaces, homes, hostels canteens, hospitals and other institutions
– We are a recognized furniture supplier for more than 50 institutional clients comprising primarily of government organizations, educational institutions, hospitals etc and have running orders. We also supply to retail customers.
– We have the relevant ISO certifications
– Most of our staff have over 20 years of industry experience.
– Buyer would receive the entire business, land and building, machinery and equipment, inventory, worker set-up, existing customer base and network connections