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Granite & Marble Business Seeking Loan in Mysore, India

Granite traders with 6+ suppliers and 12+ clients in Mysuru seeks loan for growth.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 120 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 10 %
Industries Granite & Marble
Locations  Mysore
Local Time 11:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 18 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: Require funds for expansion in terms of clients and marketing.
Collateral Available: USD 0
Includes physical assets worth USD 600 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- Granite traders operating in Karnataka.

- We procure it directly from 6+ quarries in Karnataka.

- Selling to retailers in Tamil Nadu and Bangalore, with a network of 12 clients.

- Promoters boast 7 years of industry experience.

- Company holds GST - Granite traders operating in Karnataka quarries with 6 suppliers.

Products & Services Overview

Granite traders involved in granite blocks, natural cobblestone & granite monuments.

B2B operations across south India.

Assets Overview

Assets include:

Inventory and stock in hand are currently worth approximately INR 4.5-5 cr. All our assets are illiquid.

Facilities Overview

Office located in Nanjangud, Mysuru.

Sq ft area 15*50.

Rent per month is INR 5,000.

Capitalization Overview

Sole owner.

Axis bank loans of INR 70 lakhs.

Self funded 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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