Granite & Marble Business Seeking Loan in Karimnagar, India
Granite slabs manufacturer who has good relations with local suppliers is seeking a loan.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 133 thousand |
| Run Rate Sales | USD 227 thousand |
| EBITDA Margin | 20 % |
| Industries | Granite & Marble |
| Locations | Karimnagar |
| Local Time | 12:32 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
222 thousand
for
10.0%
annual interest,
8
years
(Native Currency: INR 20,000,000)
Reason: Modernization of machinery to increase production and better margins.
Collateral Available: USD 0
Includes physical assets worth
USD
167 thousand
Interested to connect with advisors
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Business Name
Available after connect
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Business Overview
- Company is an established manufacturer of granite slabs with 15 years of experience in this industry.
- Currently, we are engaged in cutting and polishing granite slabs of various kinds which are then cut to size.
- We have tie ups with local granite quarries for raw material.
- On average, we have a capacity to cut and polish granite covering an area of 40,000 sq. ft. per month.
- Our business has a customer database of 600 clients and our clients are mainly constructors, builders, suppliers, and construction groups.
- Revenue has grown from last year as the number of customers has increased and we have also targeted new customers via digital platforms.
- Business is debt-free and run by a sole owner.
- We wish to buy a new machine which is called the 10 blade machine which can help us produce slabs covering a total area of 1 lakh sq. ft. in a month. We have identified the vendor the same.
- Currently, we are engaged in cutting and polishing granite slabs of various kinds which are then cut to size.
- We have tie ups with local granite quarries for raw material.
- On average, we have a capacity to cut and polish granite covering an area of 40,000 sq. ft. per month.
- Our business has a customer database of 600 clients and our clients are mainly constructors, builders, suppliers, and construction groups.
- Revenue has grown from last year as the number of customers has increased and we have also targeted new customers via digital platforms.
- Business is debt-free and run by a sole owner.
- We wish to buy a new machine which is called the 10 blade machine which can help us produce slabs covering a total area of 1 lakh sq. ft. in a month. We have identified the vendor the same.
Products & Services Overview
Granite slabs in the following colours: tan brown, tan blue, maple red, and coffee brown.
Assets Overview
2 acres land, plant and machinery, labour rooms, office room, stock and loading point.
Facilities Overview
Factory built up area of 2 acres. The land is owned by the company. The facility includes 2 big sheds for granite processing, labour rooms, and an office room.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysCEO, Visakhapatnam, Financial Consultant connected with the Business
-
Earlier than 15 daysOwner, Karimnagar, Accounting Firm connected with the Business
Tags:
Granite & Marble Business Seeking Loan in Karimnagar, India
·Granite Factory Business Seeking Loan in Karimnagar, India
·Granite Quarry Business Seeking Loan in Karimnagar, India
·Granite Mining Business Seeking Loan in Karimnagar, India
·Lend to Granite & Marble Business in Karimnagar, India
·Lend to Granite Factory Business in Karimnagar, India
·Lend to Granite Quarry Business in Karimnagar, India
·Lend to Granite Mining Business in Karimnagar, India
·Granite & Marble Business Seeking Loan
·Granite Factory Business Seeking Loan
·Granite Quarry Business Seeking Loan
·Granite Mining Business Seeking Loan
·Lend to Granite & Marble Business
·Lend to Granite Factory Business
·Lend to Granite Quarry Business
·Lend to Granite Mining Business
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