6.3 / 10
 Ranchi

Biodiesel company selling products to B2B clients, plans to set up a retail chain.

Key Business Facts
Yearly Sales USD 1.1 million
EBIDTA Margin 10 %
Industries Biodiesel
Locations  Ranchi
Business Overview
- Company procures biodiesel from 5 plants in Gujarat & Maharashtra and before selling, they keep it at their storage unit in Kandra with a capacity of 60,000 litres.
- Currently supplies to 3 B2B clients in mining and logistics sector. We also have 12 more clients in the pipeline.
- We hire tankers to deliver it at client's facility.
- Our future plan is to start a retail chain to serve individual customers. We have already constructed 1 retail outlet in Jamshedpur and another outlet is under construction. Additionally, we would also give out franchise.
- There is limited competition in this business in Jharkhand as of now. Seeking funds to expand our storage capacity and open retail outlets.
- Business owned assets include furniture, computers, and other equipment.
Products & Services Overview
Biodiesel.
Partial Stake Sale
USD 360 thousand for 20.0% stake (Native Currency: INR 30,000,000)
Reason: Seeking funds to open more 5 retail outlets and storage units in Jharkhand and Chattisgarh.
Includes physical assets worth USD 3 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business