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Road Construction Business for Sale in Valsad, India

For Sale: Class A govt. registered road contractor operating in South Gujarat for 30 years.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 1.36 million
Run Rate Sales USD 1.37 million
EBITDA Margin 7 %
Industries Road Construction
Locations  Valsad
Local Time 12:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 690 thousand (Native Currency: INR 60,000,000)
Reason: Promoter is planning to retire soon and so is looking to sell the business.
Includes physical assets worth USD 346 thousand
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Business Overview
We're registered as class A road contractor who can bid a single tender up to Rs. 7 crores. Our net annual turnover is in the range of Rs. 10-15 crores and has been consistently growing for many years. We have 2 hot mix plant facilities based in Chikhli & Pardi, which is a hub for sourcing raw materials like stone aggregates in the region. We have been operating for 30 years and the partners have extensive knowledge of executing contracts for the Government agencies. Some of the renowned customers include Nagarpalikas of Valsad, Navsari, Dharampur, Executive Engineer, R&B Division of Valsad & Navsari. Some notable industrial customers include Reliance Industries Ltd, Essel Mining Ltd, Atul Ltd. , MircoInks Ltd. , etc.
Business has a registration certificate and class A license.
We hire contract job workers based on the prolect.
Products & Services Overview
We undertake road contracts to build bitumen roads for various Govt. agencies like Panchayat, PWD & Nagarpalika. We also undertake private industrial road tenders. Our top selling products are various Bituminous hot mix items used for building roads like Bituminous Base Course, Bituminous Carpet, Semi-Dense Bituminous Course, Bitumen painting, Granular Sub-Base, Wet Mix Macadam, RCC, etc.
Assets Overview
We own multiple road construction machinery which include 7 dumper trucks, 3 road rollers, 3 road paving machines, 1 sensor road paving machine, 2 excavators, 1 backhoe loader, 2 pickup vans, a fully functioning testing lab and many other machinery.
List of all plants and machinery is in the attached file.
Facilities Overview
Both the manufacturing facilities are currently rented at Chikhli & Pardi in an area of around 1 acre each with a combined capacity of 100MT per hour. The firm has a number of compliance certificates necessary to bid and readily execute government road contracts which can take upto 1 year to obtain. Hence the firm has considerable intellectual property apart from the physical assets.
Capitalization Overview
The business is currently funded with a mix of own capital and debt. We are currently availing cash credit & bank guarantee facility from a nationalized bank and a couple of term loans for working capital and machinery.
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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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