Industrial Gearbox Business Raising Funds In Pune
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Product / Service
They are into import and servicing of industrial gearboxes and electric motors.
Clientele type
They have dealers network pan India and active clients in Bahrain with 6 dealers in Southern India, 4 in North India, and 3 dealers in Maharashtra.
Premises
LEASED
Lease per month (in INR): 84,000
Security Deposit (in INR): 200,000
Carpet Area: 4,000 sq ft
Asking Price Includes
25% equity in the business.
Reason
Raising funds for the growth of the company.
Other Details
The business was started with 4 friends, presently there are only 3 partners in the business, they have more than 2 decades of experience each in the same industry. They have a well seasoned team to take care of the aftersales service. They took a hit in Covid, and they are not able to keep up with the business and hence they are looking to raise funds to procure new gearboxes. Presently they have stock worth more than INR 60 lakhs.
Business Tags
₹10 to ₹200 Cr
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