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For Sale - Established Hardwood Veneer Factory in India
This is a unit producing Commercial Face Veneer from Keruing and Gurjan Hardwoods for plywood
manufacturing industry. Factory was established in mid 1998-99 and was in production for two years. Plant & machinery is in excellent shape & condition, practically in turnkey position.
1)Manufacturing Business; Wood Veneer Manufacturing Factory
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Factory located near Delhi,India. It is located in a free Industrial zone on main national highway.
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This is a unit producing Commercial Face Veneer from Keruing and Gurjan Hardwoods for plywood manufacturing industry. Factory was established in mid 1998-99 and was in production for two years. Total installed capacity is in the range of 13 to 15 million square meters based on 0.4 mm thickness and two shifts (16 hour per day) production. This would translate to an annual sale potential of US Dollars 2,400,000.00 (2.4 million) or Indian Rs.120 million approx. Factory has been closed for the last eight months, for lack of working capital & family situation. It is wholly privately owned. Plant & machinery is in excellent shape & condition, practically in turnkey position.
List of products manufactured:-
a. Commercial Face Veneer of 0.40mm thickness of different sizes and grades.
b. Panel & Core Veneer of different sizes having different thickness of 1.80mm to 3.5 mm.
Capacity of plant in terms of Sales per year:-
US $ 2500,000.00 approx. per year .(2.5 Million Dollars)
Capacity of production per year:-
Nearly 14400000 Sq.Mtrs. on 0.40mm basis per year in 16 hours (two shifts basis).
Asset Value (Present Value):-
Plant and Machinery and other equipment's are valued at around us $ 250,000.00
Value of Real Estate:-
Land & Building etc. around us $250,000.00
Total Investment made by us in the year 1998-99.
Around US $550,000.00 were invested in total in the plant including Land & Building, Plant & machineries etc.
Condition of the Plant:-
Whole plant is in excellent condition and there is no need of repair or maintenance prior to restart the unit. Only routine
maintenance is required.
Business Potential:-
The capacity of the plant may be increased to the double of its capacity by adding some more machinery with an additional
investment of US$ 1,00,000.00 approximately after this additional amount the Sales/Turnover may be doubled in a year. Current
owners, who have knowledge of the trade, will be willing to assist in start up or will be open to join for operation of the business if
needed.
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