Brick Factory Seeking Loan in Salem, India
Experienced manufacturer top-quality fly ash bricks with 70+ clients in Salem, Tamil Nadu.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 104 thousand |
| Run Rate Sales | USD 97 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Brick Factories |
| Locations | Salem |
| Local Time | 4:06 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
346 thousand
for
12.0%
annual interest,
7
years
(Native Currency: INR 30,000,000)
Reason: To expand the manufacturing capacity of my business. We are looking to increase our capacity from 10...
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Collateral Available: USD 460 thousand
Includes physical assets worth
USD
2.3 million
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Well established manufacturer of top-quality fly ash bricks.
- We have a capacity of 10,000 bricks per day with 100% utilization.
- We have 70+ clients which includes construction companies and contractors in Tamil Nadu.
- MSME-registered company.
- Compared to previous year our sales have dropped slightly as we had to halt operations to renovate our factory. However, post that our sales has recovered.
- Promoter has 15+ years of experience in this industry.
- We have a capacity of 10,000 bricks per day with 100% utilization.
- We have 70+ clients which includes construction companies and contractors in Tamil Nadu.
- MSME-registered company.
- Compared to previous year our sales have dropped slightly as we had to halt operations to renovate our factory. However, post that our sales has recovered.
- Promoter has 15+ years of experience in this industry.
Products & Services Overview
Fly ash bricks used in construction industry.
Assets Overview
Movable and immovable property worth INR 20 crores is available.- 3 acres of land worth INR 2,500 per square feet.
- Machinery.
- One 10-wheeler truck.
- One 4-wheeler truck.
Facilities Overview
Owned factory space with built up area of 7,000 square feet in Steel Plant Road, Salem, Tamil Nadu.
Capitalization Overview
Self-funded sole proprietorship business. We have two vehicle loans in progress. All the loans have a very good track record.
Recent Activity
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Earlier than 15 daysSenior Manager, Recruitment, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Bag Manufacturer, Salem, Individual Investor / Buyer connected with the Business
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