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Profitable Elevator Business for Sale in Chennai, India

For sale: 20-year-old elevators and hydraulic lifts manufacturing, sales and maintenance company.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 180 thousand
Run Rate Sales USD 120 thousand
EBITDA Margin 20 %
Industries Elevator
Locations  Chennai
Local Time 6:26 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 60 thousand (Native Currency: INR 5,000,000)
Reason: Migrating to Canada.
Includes physical assets worth USD 14 thousand
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Business Name
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Business Overview

1. For sale is a 20-year-old elevator and hydraulic lift company located in Chennai, India.

2. The company has 6 employees and over 100+ clients.

3. Offer elevator sales, installation, maintenance, and repair solutions for architects, builders, contractors, and consultants.

4. All clients have regular maintenance contracts with the company.

5. The owner is preparing to move to Canada, leading to a decrease in sales.

6. The company has a history of strong sales growth and profitability.

7. Business has required license for operations.

Products & Services Overview

Elevator sales, installation, maintenance, and repair solutions for architects, builders, contractors, and consultants.

Assets Overview

Assets include spare parts, pistons, hydraulics, office interiors, 2 wheelers, computers, drilling and welding machines.

Facilities Overview

Rented office and warehouse in Chennai Mount Road.

Capitalization Overview

Single owner business.

No liabilities or loans.

Recent Activity
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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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