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Engineering, Procurement & Construction Business for Sale in Kharagpur, India

Premier engineering service provider to Tata Group of companies seeks buyer to sell the company.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 700 - 800 thousand
Run Rate Sales USD 980 thousand
EBITDA Margin 0 - 10 %
Industries Engineering, Procurement & Construction
Locations  Jamshedpur + 1 more
Local Time 6:34 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 580 thousand (Native Currency: INR 50,000,000)
Reason: The owner is almost in the verge of retirement, his age is around 60 and son is not interested in my... View More
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
1. Strategic locations: The business operates in key industrial areas in India, with a presence in Kharagpur and Jamshedpur, providing proximity to major clients and potential for expansion in the region.
2. Diverse service portfolio: The business offers a comprehensive range of services including AMC & maintenance, project work, construction & implementation, and maintenance & support, catering to the diverse needs of its clients.
3. Strong client base: With 10-12 clients, including prestigious companies like Tata Steel, Tata Motors, and Tata Hitachi, the business has established itself as a premier engineering service provider to the Tata Group and other esteemed organizations.
4. Skilled workforce: The business employs 20 staff members and also supplies manpower to clients, with a total of 200 employees on the payroll, ensuring the availability of skilled labour for project execution and support services.
5. Long-standing industry presence: With a history spanning 25 years, the company has demonstrated a consistent track record of delivering high-value projects, reflecting its expertise and reliability in the industry.
6. Quality assurance and certification: The business is registered with GST certification, showcasing its compliance with regulatory standards and enhancing its credibility as a reliable service provider.
Products & Services Overview
The business's top-selling services include:
1. AMC & maintenance:
- EOT crane maintenance.
- Crane installation & dismantling.
2. Project work:
- Steel structural construction.
- Manufacturing for production-related fixtures.
- Fitments of pipelines (water/gas/air)
3. Construction & implementation:
- Structural shed.
- Site management and supervision.
- Quality assurance and control.
4. Maintenance & support:
- Preventive and corrective maintenance.
- Technical support and troubleshooting.
- Technical manpower supply.
Assets Overview
Tangible assets:
- Welding machine (Arch, Rectifire, MIG) - 40 nos.
- Complete cutting machine- 40 nos.
- Grinding machine - 25 nos.
- Cutting machine - 20 nos.
- Chopso machine - 8 nos.
- Pug gas cutting machine - 2 nos.
- Hand tools.
- Tata Ace - 1 no.
- Safety belt, scaffolding, chain block, - multiple set.
- Computer - 06 nos.
Facilities Overview
- 220 sq ft office area, leased property in Jamshedpur.
- Rented godown 2 nos in Jamshedpur and Kharagpur.
- Guest house for employees - 4 nos (2 in Jamshedpur site and 2 Kharagpur site).
Capitalization Overview
Bank loans and personal funding.
- CC of INR 1 cr.
- Term loan INR 1.5 cr.
The business is a sole proprietorship.
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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