Commodity Exchange Membership Card Business For Sale

Business description

Commodity Exchange MCX membership card business available for takeover.
All Regulations complete.
Clean card.
No Liabilities.
100 % Family owned.
Can begin Trading immediately.

Property information

Location:

Though controlled from Registered Office, almost entire business is online

Premises details:

Currently Registered Office of the company is situated in the heart of the city

Business Operation

Expansion potential:

Average Daily Turnover of the Market is INR 45 K Crores / USD 10 B providing ample opportunity for growth to new entrants. Furthermore, this is increasing in leaps & bounds. Break Even Point for a new entrant is Turnover per day of INR 10 Cr / USD 2.2 M which is quite easy to achieve.

Competition / Market:

Many a lot other Commodity Brokers are present; but healthy competition prevails in the Industry with each of the Broker caterring to his clients and trying to develop newer markets

Reasons for selling:

Non-core business. Promoters primarily into Petroleum Business. Have a Oil Recycling Plant. Not sufficient family hands to handle.

Trading hours:

Mon-Fri : 10 AM to 11 PM
Sat : 10 AM to 2 PM

Years established:

October, 2004

Other information

Support & training:

1. Basic understanding of the Business 2. Technical know-how transfer 3. Training for Operaions

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Some part of the acquisition cost can be financed

Home based:

This business can be run from home.

Relocatable:

This business can be relocated.