Need help?

Construction Material Processing Business for Sale in Challakere, India

For Sale: Raw boulder mining and supply operation with owned land and all necessary permits.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 2.64 million
Run Rate Sales USD 2.64 million
EBITDA Margin 5 %
Industries Construction Material Processing + 1 more
Locations  Challakere
Local Time 6:55 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.65 million (Native Currency: INR 150,000,000)
Reason: Owner is relocating to Dubai for personal reasons. If the buyer installs a crusher then they can max... View More
Includes physical assets worth USD 1.65 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Certificate
Business Overview
- Operational mining site supplying raw stone boulders to over 40 crushers in surrounding areas.
- The blasting and actual mining work is further done by subcontractors.
- We pay the subcontractors INR 110 per ton and we sell the raw boulders to crushers and processes for INR 390 (including 106 of government charges).
- The sales are very high as this is a high volume business, thus reflecting a high revenue per employee but the profit margins are low in this industry.
- The business has the mining license, environmental clearance and GST Certificate.
- Promoter has 13 years of industry experience and has operated this specific mine for 3 years.
- The buyer will get private land of 6 acres that operates as a quarry.
- Buyer will also get mining license valid for 22 more years and then renewable for 25 more years.
Products & Services Overview
- The top selling product is mined raw boulders from the quarry.
- These are sold to crushers who crush raw boulders and further sell them to construction companies, and cement factories.
Assets Overview
Tangible assets include the private land of 6 acres valued at INR 2.5 crore per acre.
Intangible assets include the:
- Mining license, environmental clearance and GST Certificate.
- Approval under Karnataka Stone Crusher Regulations which allows the buyer to install their own crushing unit in the quarry.
Facilities Overview
- Operating from a 6-acre land parcel in Challakere, Karnataka.
- Located in government-notified SAFE Zone.
- Having proven granite reserves of 30 lakh MT.
Capitalization Overview
- Business is currently debt-free and fully owned by a partnership holding 100% ownership of the license and private land, with no outstanding loans.
- The partnership has 2 partners.
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
12 Buyers viewed this Business this week. 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