Highly Profitable Electrical Products Business with Registered Brand Available for Sale in Mumbai
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This Sole Proprietorship business is operational since 1990. They manufacture electrical items. They have their own Registered Brand and has a goodwill of 27 years.
Products: Ding Dong Bell, Parrot Bell, Stereo Bell, Multi-tune Bell, Pilot Buzzer, Diamond Ding Dong Bell, Continuous Mantra, Gong Bell, Bulbul Bell, Indicator Call Bell, Master Adapter, Flex Box, Spike Guards, Fan Regulators, LED products.
They sell their products in 12 states in India.
Distributors: 30 & Sub-Distributors: 56
Employees working at the head office are 10 and at the factory are 120.
Turnover for FY 2017-18 was INR 3.5 Cr with a net profit of INR 93 lakhs. Asking price is INR 7 Cr. (includes Brand value, Goodwill, Trademark, Copyright, Clients list, Distributors Network, Stock worth INR 43 lakhs)
All the records of clients and creditors will be disclosed by the seller. One of the managing person will be associated with the buyer for 3 months for proper training & information after the business sale. Complete list of distributors and their sound profile will be given to the buyer. It is very easy to earn 1.2cr from this business every year.
Reason
Promoter is Retiring
Business Tags
₹10 to ₹200 Cr
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