↩ Go Back
Need help?

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 110 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 10 - 20 %
Industries Brick Factories
Locations  Salem
Local Time 2:19 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 360 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... View More
Collateral Available: USD 500 thousand
Includes physical assets worth USD 2.4 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.

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
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

139 Investors viewed this Business.
Register below to connect now!

Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more