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Granite & Marble Business Seeking Loan in Mangalore, India

Business trading in Granite, selling it to clients in China, Japan, Poland and neighbouring European countries.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 1.8 million
Run Rate Sales USD 1.8 million
EBITDA Margin 18 %
Industries Granite & Marble + 1 more
Locations  Mangalore
Local Time 7:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5 million for 14.0% annual interest, 10 years (Native Currency: INR 400,000,000)
Reason: Started receiving an increment in orders recently. Funds will be used to manage growth (purchase mor... View More
Collateral Available: USD 5.4 million
Includes physical assets worth USD 2.4 million
Interested to connect with advisors
Business Overview

- Business trading in granite blocks and slabs, based in Mangalore that started operations in 1997.

- We purchase raw granite from Norway, Poland, Brazil and 35 mining businesses in India.

- Have our own factory in Mangalore where the granite is processed.

- Raw granite is sold to companies in China and Japan who use this as raw material for their production. Semi-finished and finished granite is sold to Poland and neighbouring European countries.

- Looking to set up a second factory in Mangalore to increase production capacity. Funds will be used for this purpose.

- Physical assets include land, factory, machinery, raw material and stock.

Products & Services Overview

Trading and processing granite rough blocks, slabs and monuments.

Facilities Overview

Corporate office and manufacturing unit are in Mangalore. Both properties are company owned and factory has a built up area of 5,000 Sq. Ft. Have branch offices in UAE, Poland, Morocco, Australia.

Capitalization Overview
Not Disclosed
Recent Activity
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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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