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Listing Id: 1605 Last Refreshed: 07/05/2019 Total Views: 7649

(Expired)Manufacturer Of Flake Ice Making Machines, Flake Ice Storage Silos,Conveyors

Maharashtra - PuneMachinery Manufacturers
Asking Price: > ₹5M
Business For Takeover
Look For Investor
Look For Partner
walame
  • Overview
  • Reason For Sale
  • Description
  • Business Operation
  • Property Information

Overview

  • Premise Type N/A
  • Premise Size
  • Monthly Rental ₹0
  • Rental Desposit N/A
  • Revenue ₹500K-1M
  • Liability N/A
  • Gross Profit ₹100K - 200K
  • Net Profit ₹100K - 200K
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 10
  • Established 1988
  • Source Direct Seller

Reason For Sale

Succession issue - promoters age 77 years

Description

Available INDIAN PROMOTER HOLDING IN NORTHDSTAR ICE Eqpt Co India PRIVATE LTD. JOINT VENTURE COMPANY.
Indian Promoter holding of 40%is available for transfer. The Indian Company is a Joint venture Company in collaboration with the Reputed American company who is holding remaining 60% share holding. The company was established in 1988 & has a rich client list in fishery, infrastructure (roads,/dams etc), chemical manufacturing units. The product line “Flake ice making units, flake ice storage bins & flake ice handling systems” based on the (collaborator) American company’s technical & engineering know how & drawings along with manufacturing drawings, manufacturing machinery & jigs / fixtures is available for sale. There are 8x 2 models with flake ice manufacturing capacity up to 50 Mt / day
The equipment available along with the share holdingare
a. Bending rolls for 20 mm thk plates x 2 m width
b. Radial drill – HMT 2”
c. Centre Lathe 13” centre x 8’ long
d. Foaming equipment
e. Welding rectifiers 400 Amps x 2 nos

Business Operation

9 AM to 4. PM except thursday & Sunday
Business Hour
The equipment available along with the share holding are as follows apart from technology & manufacturing drawings
a. Bending rolls for 20 mm thk plates x 2 m width
b. Radial drill – HMT 2”
c. Centre Lathe 13” centre x 8’ long
d. Foaming equipment
e. Welding rectifiers 400 Amps x 2 nos
Facilities
We prefer that the buyer makes his own study, though there is no competition for the quality product
Competition
Substantial
Expansion Potential
will be provided till satisfaction
Support and Training
preferred 1. Manufacture of engg machinery, 2. Fishery Industry , 3. Infrastructure construction, 4. chemical manufacture, 5. Preservation of Agriculture produce
Background & Skills

Property Information

The business has to be relocated at buyers location. The owned land is not available on sale with the company, the movable assets are only available in the above offer
Premises Details
Yes, it can relocate to other place
Relocatable
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