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Granite & Marble Business Seeking Loan in Karimnagar, India

Granite slabs manufacturer who has good relations with local suppliers is seeking a loan.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 140 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 20 %
Industries Granite & Marble
Locations  Karimnagar
Local Time 7:02 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 240 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 180 thousand
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Business Name
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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.

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 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
  • Earlier than 15 days
    Owner, Karimnagar, Accounting Firm connected with the Business
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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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