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Newly Established Biomass Fuels Business Seeking Loan in Mysore, India

Briquette manufacturing business with high-profit margins and serves major clients across various industries.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2 - 3 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 30 - 40 %
Industries Biomass Fuels
Locations  Mysore
Local Time 5:04 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.8 thousand for 20.0% annual interest, 2 years (Native Currency: INR 500,000)
Reason: We are seeking a loan specifically for raw materials, leveraging our high-margin in-house manufactur... View More
Collateral Available: USD 0
Includes physical assets worth USD 9.3 thousand
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Business Overview
- Situated in Belavadi, this enterprise specializes in manufacturing eco-friendly Biofuel Briquettes, essential for industries such as beverages, garments, and tyre manufacturing.
- The business is strategically poised to replace traditional firewood with Biofuel Briquettes, promoting sustainability and compliance with industry standards.
- Esteemed clients including Parle Agro, Hector Beverages, J K Tyres, Triton Valves, and U B Beverages underscore a strong B2B revenue stream in this nascent industry.
- With just a 6-month operational history, the company has already established a robust manufacturing capacity of 150 tons, indicative of its scalable business model.
- The company manages active contracts with three major clients, showcasing their potential for client retention and market confidence.
- Tailored supply services ensure that customer requirements are fully met within Mysore, enhancing the business’s local market engagement.
- Cash on Delivery (COD) options are available, offering flexible payment solutions to business clients, further enhancing customer service and client satisfaction.
- The business holds high physical assets but cannot utilize these funds directly, as the assets are illiquid and crucial to our operations. Therefore, we are seeking a loan to meet our financial needs.
Products & Services Overview
The business produces Biofuel Briquettes, which are used to generate heat in various industries, serving sectors such as beverages, garments, tire manufacturing, and more.
Assets Overview
Tangible assets include manufacturing machinery and factory set-up.
Intangible assets include trade licenses and GST certificate.
Facilities Overview
The facility operates on the ground floor of a rented factory space of more than 1,000 sq ft. Located in Belavadi Industrial Area, Mysuru.
Capitalization Overview
The business is self-funded and initially started with an SBI Stand-Up Loan. It is a sole proprietorship.
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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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