Granite & Marble Business Investment Opportunity in Visakhapatnam, India
Business seeks funds to begin excavation of granite from a mine of 11 acres.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Granite & Marble |
| Locations | Visakhapatnam |
| Local Time | 9:20 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
330 thousand
for
40.0%
stake
(Native Currency: INR 30,000,000)
Reason: Quarry development and to begin excavating the granite.
Interested to connect with advisors
Documents
Business Overview
- Business has a granite mine on lease from the government, located in Visakhapatnam.
- The mine is of 11 acres and is on lease for 20 years. The lease has 18 years left on it and can be renewed after that date.
- The mine has River White granite which is a popular export product.
- The funds will be used to develop the mine and begin excavation. The first 6 months will be used to setup the infrastructure to begin the excavation process.
- The value of granite in the mines are over Rs. 50 crore in market value.
- We expect to generate revenue of Rs. 3 crore within the first year of excavation.
- The mine is of 11 acres and is on lease for 20 years. The lease has 18 years left on it and can be renewed after that date.
- The mine has River White granite which is a popular export product.
- The funds will be used to develop the mine and begin excavation. The first 6 months will be used to setup the infrastructure to begin the excavation process.
- The value of granite in the mines are over Rs. 50 crore in market value.
- We expect to generate revenue of Rs. 3 crore within the first year of excavation.
Products & Services Overview
We mine the rock from the quarry and dress them to slabs. These slabs are further sold to the local and European markets.
Assets Overview
Business does not own any physical assets.
Facilities Overview
No office space. The mine is leased and is of 11 acres.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManaging Partner, Mining, Hyderabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Granites, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, Food Processing, Visakhapatnam, Individual Investor / Buyer connected with the Business
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