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Newly Established Granite & Marble Company Seeking Loan in Barka, Oman

Marble and granite business with 500+ clients and 3+ suppliers seeks funds for raw material.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 28 %
Industries Granite & Marble
Locations  Barka
Local Time 10:26 AM Asia / Muscat
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 65 thousand for 15.0% annual interest, 1 year (Native Currency: OMR 25,000)
Reason: We require funds to procure raw materials. OMR 25k is our current requirement, we are not asking mor... View More
Collateral Available: USD 26 thousand
Includes physical assets worth USD 26 thousand
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Business Overview

- Established marble and granite business with 18 years of experience in the field.

- Serving nearly 500 loyal customers.

- Weekly, catering to 2-3 customers, ensuring consistent service.

- Reputation for providing the best quality marble and granite at competitive prices across Oman.

- Possess necessary licenses including trade licenses and Chamber of Commerce certificate.

- Showroom directly linked to our factory, enhancing customer experience.

- Workforce includes 8 contract workers, ensuring operational efficiency.

- Current focus primarily on B2C sales, but aiming to expand into the B2B vertical.

- Partnerships with 3 reliable suppliers from India, China, and Vietnam.

- We get the tiles from our suppliers, cut them and sell them to both B2B (retailers) and B2C customers.

Products & Services Overview

Marble and granite which has applications in home tiles, walls, washrooms, kitchen etc.

B2B and B2C operations.

Assets Overview

Assets include:

Factory machinery, stock, furniture and fixtures.

Facilities Overview

The factory is located in central Barka.

We pay rent of OMR 500 per month.

Sq ft area of 1,000.

Capitalization Overview

The business has been self funded with no debt.

No loans or financial obligations.

Sole owner with a 100% stake.

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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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