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Natural Fabrics Company for Sale in Balangir, India

Cotton ginning and pressing mill with 1 lakh quintals per year capacity and 100+ buyers.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 4 million
Run Rate Sales USD 4.3 million
EBITDA Margin 10 %
Industries Natural Fabrics
Locations  Balangir
Local Time 10:56 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.2 million (Native Currency: INR 100,000,000)
Reason: The owner has other businesses as well and wants to focus on them.
Includes physical assets worth USD 1.2 million
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Business Overview

- Cotton ginning and pressing mill located in Odisha.

- We get the cotton from the local farmers and sell the seeds to the state of Haryana.

- Export the final product to Bangladesh and have 100+ buyers who turn the product into cotton thread.

- The total capacity of the plant is 2 lakh quintals per year but the utilized capacity is 1 lakh quintals per year.

- The plant is only operational for 6 months each year.

- Plant workers do not work for any fixed period. New labor is taken each year.

Products & Services Overview

Procurement of Kapas cotton from local farmers, ginning and pressing it. Then the fine cotton bales go for export in candy form. Cottonseed goes for oil extraction to Haryana state.

Assets Overview

The legal entity, 5.44-acres of land, a complete infrastructure of 70,000 sq. ft. godown, complete automation plant and machinery of 24 DR gin machine and 20 bales per hour pressing machine, tractor loader, hydrant system, office building, and the complete business set-up.

Facilities Overview

5.44 acre diverted land, 70,000 sq ft godown, 24 dr gin machine, 20 bales per hour pressing machine, weighbridge, fire fighting hydrant system, staff quarters, office, and resistance building. The land and buildings are owned by the business.

Capitalization Overview
Not Disclosed
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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