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Listing Id: 1605 Last Refreshed: 07/05/2019 7696 Views

Manufacturer Of Flake Ice Making Machines, Flake Ice Storage Silos,Conveyors

Expired
Asking Price &gt; <span class='currency'>₹</span>5M
This listing has Expired

This listing is no longer active and is not accepting enquiries. The seller may renew it to make it available again.

Overview

Financial Performance

Monthly Figures
Revenue
₹500K-1M
Gross Profit
₹100K - 200K
Net Profit
₹100K - 200K
Monthly Rentalt
₹0

Business Operations & Assets

Staff
10 Employee
Year of Incorporation
1988
Owner Role
Full Time
Premises Details
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

Business Details

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


Facilities

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

Competition

We prefer that the buyer makes his own study, though there is no competition for the quality product

Expansion Potential

Substantial

Buyer Support & Terms

Support and Training

will be provided till satisfaction

Background & Skills

preferred 1. Manufacture of engg machinery, 2. Fishery Industry , 3. Infrastructure construction, 4. chemical manufacture, 5. Preservation of Agriculture produce
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