Brick Factory Seeking Loan in Barnala, India
Brick factory with high revenue growth last year seeks loan to continue its growth momentum.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 110 thousand |
| Run Rate Sales | USD 118 thousand |
| EBITDA Margin | 8 % |
| Industries | Brick Factories |
| Locations | Barnala |
| Local Time | 9:16 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
29 thousand
for
9.0%
annual interest,
5
years
(Native Currency: INR 2,500,000)
Reason: Need funds for business growth, we have already used up our own funds and taken a loan from the bank...
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Collateral Available: USD 0
Includes physical assets worth
USD
173 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
(132.1 KB)
Business Overview
- Brick factory on 11 acres of leased land.
- We have about 40-50 contract workers in our factory and 20 office staff.
- Our factory produces red sandstone bricks and clay bricks and tiles.
- Factory can produce 60 lakh units of bricks annually.
- We have local customers like builders, brick traders, and contractors.
- The business saw a high revenue growth rate last year where we doubled our sales from INR 50 lakh to 1 crore in just one year.
- We hope to continue the same growth momentum this year.
- We have about 40-50 contract workers in our factory and 20 office staff.
- Our factory produces red sandstone bricks and clay bricks and tiles.
- Factory can produce 60 lakh units of bricks annually.
- We have local customers like builders, brick traders, and contractors.
- The business saw a high revenue growth rate last year where we doubled our sales from INR 50 lakh to 1 crore in just one year.
- We hope to continue the same growth momentum this year.
Products & Services Overview
Top-quality red sandstone & clay bricks and tiles.Our top-selling product is the red sandstone bricks.
Assets Overview
Tangible assets include INR 1 crore of building (factory infrastructure) and INR 50 lakh of machinery and raw material.
Facilities Overview
We have leased land of 11 acres near Barnala for 15 years. Our entire factory and all the bricks are stored in this area. We source some of the raw material from here as well.
Capitalization Overview
- Most of the money is invested by the proprietor.- Only one bank loan of INR 30 lakh.
- Sole proprietorship business.
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