Construction Materials Business Investment Opportunity in Raichur, India

Well established mechanical engineering firm planning to venture into sand mining business.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 400 thousand
EBITDA Margin 30 %
Industries Construction Materials
Locations  Ballari + 1 more
Local Time 10:37 PM Bangalore
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Investment
USD 400 thousand for 40.0% stake (Native Currency: INR 30,000,000)
Reason: To kick start the project.
Includes physical assets worth USD 130 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- We are into river sand mining and have also received letter of intent (LOI) from the Government of Karnataka.

- Currently we have two locations where the sand mining will take place having a total capacity output of 95,000 tons per annum.

- We are planning to raise the funds for the lease amount for half of the blocks i. e 22 out of 40 and the purchasing of mining machinery.

- Promoter has a business experience of 10+ years and also runs a construction business where it has has completed 4 projects.

Products & Services Overview

Sand mining and construction business.

Facilities Overview
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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