Granite & Marble Business Investment Opportunity in Ongole, India
|Employees||5 - 10|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Reported Sales||USD 180 thousand|
|Run Rate Sales||USD 220 thousand|
|EBITDA Margin||10 - 20 %|
|Industries||Granite & Marble|
|Local Time||2:22 AM Asia / Kolkata|
|Listed By||Business Owner / Director|
- Business specializing in quarrying of Black Galaxy granite which is rare and having huge demand in domestic and international markets.
- Have taken 5 acres of land on lease from the govt that is valid for the next 5 years and it can be extended to another 25 years.
- We sell granite to more than 40 granite factories across Andhra Pradesh.
- We are producing 100-200 cubic meters of granite per month and can produce 300 -400 by deploying more machinery and men.
- Majority of our machinery and equipment is on rent. Planning to purchase our own machinery.
- Promoter has thirty years of experience in granite trading, processing, mining businesses, and business relations with companies and clients. He has founded multiple societies and associations for the betterment of the granite business and workers.
- Physical assets include the granite quarry and a few machinery and equipment.
We quarry and sell granite rough blocks, tiles, slabs to big granite cutting and processing factories.
Quarry lease for a quarry of 5 acres (2 hectares) is valued at INR 9-10 crore, our office and mining equipment have a combined value of about INR 15 lakh.
- Rented 1,000 sq. ft. office space in Ongole.
- 5 acres of land on lease from the govt that is valid for the next 5 years and it can be extended to another 25 years.
Earlier than 15 daysBusiness Consultant, Hyderabad, M&A Advisor connected with the Business
Earlier than 15 daysDirector, Infrastructure, Hyderabad, Individual Investor / Buyer connected with the Business
Earlier than 15 daysMD, Investment Firm, Faridabad, Corporate Investor / Buyer connected with the Business