Granite & Marble Business Investment Opportunity in Chittoor, India
Non-operational granite quarry from Chittoor, Andhra Pradesh with clients from Taiwan and Italy seeks investment.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 580 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | 30 % |
| Industries | Granite & Marble |
| Locations | Chittoor |
| Local Time | 11:41 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
230 thousand
for
15.0%
stake
(Native Currency: INR 20,000,000)
Reason: The owner wants to expand his operations and resume production.
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Operational since for over 15 years, the Chittoor-based business has a solid track record in the granite & marble industry.
- The business serves major international markets, including Italy, Spain, China, and Taiwan, emphasizing its global presence.
- When operational, the quarry expects to produce 100-200 CBM of granite per month, at a competitive price range of INR 30,000 to INR 70,000 per CBM.
- All necessary permits are secured, valid for 2 more years, ensuring compliance with local regulations.
- The owner's 32 years of experience in the industry guarantees high-quality production and strategic growth initiatives.
- Due to the lack of funds we have stopped our operations currently and we expect to start our operations once we receive an investment.
- The business serves major international markets, including Italy, Spain, China, and Taiwan, emphasizing its global presence.
- When operational, the quarry expects to produce 100-200 CBM of granite per month, at a competitive price range of INR 30,000 to INR 70,000 per CBM.
- All necessary permits are secured, valid for 2 more years, ensuring compliance with local regulations.
- The owner's 32 years of experience in the industry guarantees high-quality production and strategic growth initiatives.
- Due to the lack of funds we have stopped our operations currently and we expect to start our operations once we receive an investment.
Products & Services Overview
Granite blocks are sold to international markets including Italy, Spain, China, and Taiwan. Mostly used by suppliers for supplying the granite blocks used for flooring and kitchen top making.
Assets Overview
There is no tangible asset in the business only intangible assets belong to the company.Intangible assets- Import and export license and Department of Mines and Geology License.
Facilities Overview
The quarry is on lease and we pay an annual rent of INR 5 lakhs. We have a 60 x 40 sq. ft. shed.
Capitalization Overview
The business is presently funded by the owner with an outstanding loan of INR 1 crore and the has only one shareholder.
Recent Activity
-
Earlier than 15 daysGeneral Manager, Steel, Vellore, Individual Investor / Buyer connected with the Business
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