Newly Established Granite & Marble Business Seeking Loan in Ongole, India
Rapidly growing B2B granite exporter to Europe seeking investment for scaling operations and market expansion.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 53 thousand |
| Run Rate Sales | USD 122 thousand |
| EBITDA Margin | 10 % |
| Industries | Granite & Marble + 1 more |
| Locations | Ongole |
| Local Time | 5:28 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
28 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 2,500,000)
Reason: Funding utilization:
- INR 7 lakh will be allocated towards marketing initiatives aimed at acquirin...
View More
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(181.0 KB)
Granite Slab
(1.3 MB)
Business Overview
- The niche business based in Ongole specialises in the export of granite slabs, catering to international markets in a B2B model.
- The company sources high-quality granite from local manufacturers and exports it primarily to international retailers in Europe, with a focus on expanding its clientele.
- Currently, they have an established 1 customer in Romania and are receiving inquiries from Albania, signaling growth potential in the European market.
- The business is targeting to increase its customer base this year, with expected revenue to reach INR 1.35 crore in the next financial year.
- The business operates with a lean team of three employees, optimizing resources while maintaining quality and customer relationships.
- By leveraging their strong supplier network and strategic location in Ongole, which is known for its granite, the company aims to increase exports and scale its operations to new international markets.
- The company has been operational for over a year and recently obtained its GST registration. It also holds an IEC code and MSME certification, ensuring compliance with export regulations.
- The company sources high-quality granite from local manufacturers and exports it primarily to international retailers in Europe, with a focus on expanding its clientele.
- Currently, they have an established 1 customer in Romania and are receiving inquiries from Albania, signaling growth potential in the European market.
- The business is targeting to increase its customer base this year, with expected revenue to reach INR 1.35 crore in the next financial year.
- The business operates with a lean team of three employees, optimizing resources while maintaining quality and customer relationships.
- By leveraging their strong supplier network and strategic location in Ongole, which is known for its granite, the company aims to increase exports and scale its operations to new international markets.
- The company has been operational for over a year and recently obtained its GST registration. It also holds an IEC code and MSME certification, ensuring compliance with export regulations.
Products & Services Overview
We specialize in the export of high-quality granite slabs, operating under a B2B model. Our current client base includes retailers in Romania, with established relationships and consistent order volumes from international buyers.
Assets Overview
Intangible asset: The business is strengthened by the promoter's 14 years of industry experience.
Facilities Overview
We are operating from a rented office.
Capitalization Overview
The business is debt-free with no outstanding loans. It is jointly owned by two partners, holding 51% and 49% equity, respectively.
Tags:
Newly Established Granite & Marble Business Seeking Loan in Ongole, India
·Newly Established Granite Factory Business Seeking Loan in Ongole, India
·Newly Established Import / Export Business Seeking Loan in Ongole, India
·Newly Established Granite Quarry Business Seeking Loan in Ongole, India
·Newly Established Granite Mining Business Seeking Loan in Ongole, India
·Lend to Newly Established Granite & Marble Business in Ongole, India
·Lend to Newly Established Granite Factory Business in Ongole, India
·Lend to Newly Established Import / Export Business in Ongole, India
·Lend to Newly Established Granite Quarry Business in Ongole, India
·Lend to Newly Established Granite Mining Business in Ongole, India
·Newly Established Granite & Marble Business Seeking Loan
·Newly Established Granite Factory Business Seeking Loan
·Newly Established Import / Export Business Seeking Loan
·Newly Established Granite Quarry Business Seeking Loan
·Newly Established Granite Mining Business Seeking Loan
·Lend to Newly Established Granite & Marble Business
·Lend to Newly Established Granite Factory Business
·Lend to Newly Established Import / Export Business
·Lend to Newly Established Granite Quarry Business
·Lend to Newly Established Granite Mining Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ other businesses of all sizes.
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.
You might also be interested in these businesses