Automotive Accessories Business Investment Opportunity in Bangalore, India

- Leading automotive components manufacturer, specializing in the production of springs, wire forms, press components, and multi-slide components, catering to automakers and other industries for vehicle parts and assemblies, and electrical companies.

- 20% of the sales are through export, while the rest is domestic.

- The company is strategically located in Bangalore and operates from leased facilities covering 22,5000 sq ft in a prime area.

- With a workforce of 70 well-trained and experienced employees, the business owner is seeking investors due to health and succession planning and is willing to support the new owner for the next 3 to 5 years.

- Has modern machinery, with the majority of the machines being less than a year old, and has excellent in-house tool room facilities.

- Additionally, the company owns two acres of vacant land in a prime industrial area, has a well-established supplier network, and a solid customer base, including MNC customers who have been with the company for over 30 years.

- The business has a specialization in spring manufacturing, stamped/formed/multi-slide parts, with 50 active clients, primarily within India, and a few export orders. Clients are mainly automotive companies.

- Top clients include Bosch Ltd, TVS motor company, TAFE, C & S Electric, and ABB India.

- With an average of 100 orders per year, the company currently has orders in hand worth INR 25 crores.

Products: springs, wire forms, press components, multi-slide components, and child parts.

Customer profile: used by automakers and others for vehicle parts and assemblies, and electrical companies.

Tangible assets include.

- Machinery and equipment imported from Korea and Taiwan worth INR 10 crore.

- 2 acres of industrial land worth INR 10 crore, where the business operations can later be transferred.

The total asset value stands at INR 20 crore, however, the majority stake is being offered at a valuation of INR 13.33 crore.

Leased land of 22,500 sq ft, located in JC industrial estate.

Own 2 acres industrial land in Ramnagar, where the business operations can later be shifted.

Business is self-funded.

Sole proprietorship business.

Having bank credit lines. We are a family business and started as a micro venture fifty years ago. We have continuously grown and reinvested in the company.