Mining Machinery Business Investment Opportunity in Chennai, India
Chennai based business trading in drilling tools and equipment that sells to granite quarries.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 10 - 20 thousand |
| Run Rate Sales | USD 68 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Mining Machinery |
| Locations | Chennai |
| Local Time | 8:13 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
46 thousand
for
50.0%
stake
(Native Currency: INR 4,000,000)
Reason: To fulfill orders, increase purchasing capacity and the number of clients we sell to.
Includes physical assets worth
USD
68 thousand
Interested to connect with advisors
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Business Name
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User Verification
Business Overview
- Products are imported from manufacturers in China.
- Sell the products directly to granite quarries across India.
- Have sold to over 100 quarries till date.
- There is currently huge demand in India for our imported tools and there is limited competition in our industry.
- Our business has excellent vision on growth of business.
- Operations began last year, hence not a significant amount of revenue was generated during the previous year.
- There are no other physical assets except the inventory.
- Sell the products directly to granite quarries across India.
- Have sold to over 100 quarries till date.
- There is currently huge demand in India for our imported tools and there is limited competition in our industry.
- Our business has excellent vision on growth of business.
- Operations began last year, hence not a significant amount of revenue was generated during the previous year.
- There are no other physical assets except the inventory.
Products & Services Overview
Importing drilling tools and equipment from China and selling them to quarries.
Facilities Overview
Have an office and warehouse on a personal property of one of the owners.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysIndividual, Investor, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Food Import And Export, Chennai, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Metals And Minerals Trading, Chennai, Corporate Investor / Buyer connected with the Business
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