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Coal Business Seeking Loan in Jhansi, India

Coal trading business in Jhansi, sells 500 tons of coal to retailers monthly, 200 buyers.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 17.4 thousand
Run Rate Sales USD 17.4 thousand
EBITDA Margin 0 - 10 %
Industries Coal
Locations  Jhansi
Local Time 12:43 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 29 thousand for 17.0% annual interest, 3 years (Native Currency: INR 2,500,000)
Reason: This investment will support business scaling, with a valuation structured around present operationa... View More
Collateral Available: USD 29 thousand
Includes physical assets worth USD 55 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview
- A coal trading business based in Jhansi, which started operations 8 years ago.
- We purchase coal from various mines in West Bengal, Madhya Pradesh, and Jharkhand.
- The coal is then sold to retail customers and dealers.
- Selling 500 tons of coal every month to retailers and dealers.
- For dealers, we sell on a truck basis. One truck contains at least 25,000 kg of Coal and can go up to 45,000 kg.
- Currently, we have 200 buyers.
- The business has 3 permanent employees, and labourers are employed contractually depending on the contracts.
- We export to countries like Nepal and Bhutan.
- The business has a GST license andan export license.
Products & Services Overview
We participate in government coal auctions to purchase coal, which is then distributed to our network of dealers and retailers.
Assets Overview
Tangible assets:
Office, furniture, and laptops.
Intangible assets:
- GST certificate.
- Export license.
Facilities Overview
We have a company-owned office in Jhansi, from where we manage our operations.
Capitalization Overview
The business is debt-free, and there is only one proprietor.
Coals gst.
Recent Activity
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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.
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