- Advert ID: 670490
Spinning Mill For Sale
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Summary
- Asking price:
- Over $5m
- Sales revenue:
- Over $5m
- Net profit:
- $500k < 2.5m
- Years established:
- 7-8 years
- Employees:
- 800
- Home based:
- This business can be run from home.
Business description
Manufacturing cotton yarn in northern part in India,125 KM. from Delhi.Having approx. 100000 sqm. area. Contruction area is arround 250000 sqft. Having all imported machineries from all famous manufacturers of the world.(Crosroll,Rieter,Savio)
Property information
- Real Estate:
- Real Property Included
- Living accommodation:
- Approx.300 workers staying inside the factory.
- Location:
- 3 Km. from Main Bus stand of the city and 2 km. away from Reliance upcomming mall.
Other information
- Expansion potential:
- We have got 25200 spindles and for 8000 spindles buiding is ready without putting even a single brick. With investment of USD 1 million we can increase our profitablity with USD 50000 per month.
- Competition / Market:
- There are only 3 spinning mill nearby because we are in the heart of the Raw material, we can compete others.
- Reasons for selling:
- Lack of finance
- Trading hours:
- 24
- Furniture / Fixtures value:
- $20,000
Contact the seller
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