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Iron Ore Mining Company for Sale in Bhubaneswar, India

For sale: Non-operational business in the mining industry.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 6 million
Run Rate Sales Nil
EBITDA Margin Nil
Industries Iron Ore Mining
Locations  Bhubaneswar
Local Time 7:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 60 thousand (Native Currency: INR 5,000,000)
Reason: The owner is not able to manage the operations.
Includes physical assets worth USD 60 thousand
Interested to connect with advisors
Documents
Business Overview

- Our company is engaged in the trade of different materials like iron ore, manganese, and bauxite.

- Have supplied 10 companies with various-sized projects. One of our key clients is Trimula Industries.

- On average we have the capacity to complete 1 lakh to 2 lakh MT projects per month.

- The average duration of the project is one to three months.

- We have procured the export license but have yet to start operations for export.

- The business is currently non-operational.

- The business is registered in Thane but operations are based out of Bhubaneswar.

- The promoters have strong contacts with steel mills and local trading houses.

Products & Services Overview

We trade iron ore minerals products and grades, manganese, and bauxite. We provide iron ore raising, crushing, screening, loading and logistic services.

Assets Overview

4 machines that are owned by the business and the rest are taken on hire as per requirements of the project.

Facilities Overview

Rented office space of 1,500 sq. ft. in Odisha state's Barbil area, on the first floor and another rented facility of 1,200 sq. ft. in Bhubaneswar. The total monthly rent we pay is INR 45,000.

Capitalization Overview

My business is sold, so remove my company details from your side, And Thanks again for your support. . to reach good clients. .

Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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