Transportation and storage
Opportunity to buy a warehousing and logistics company in India.
It provides 3rd party warehousing and logistics services. The company stores printers and home appliances. It caters to 15 clients of which 10 are repeat clients. Major accounts are HP Printers, Savour Electronics, Russell Hobbs, and TCL Home Appliances.
This warehousing and logistics company for sale works with many truck vendors, who it hires when there is a need to deliver the products. During the pandemic, sales have dropped. Before the COVID-19, the company had 6 packages to deliver per day and now it’s 2.
There is a storage area of 10,000 square feet. The facility is leased covering an area of 12,000 square feet. The lease has the option to renew and is transferable to the buyer. The business is well-structured with 2 managers, 2 supervisors, 1 watchman, and 5 operators. The owner is selling due to moving abroad.