Newly Established Scrap Metal Business Investment Opportunity in Faridabad, India
|Employees||2 - 5|
|Legal Entity||Sole Proprietorship/Sole Trader|
|Run Rate Sales||USD 60 thousand|
|EBITDA Margin||15 %|
|Industries||Scrap Metal + 1 more|
|Local Time||6:17 PM Asia / Kolkata|
|Listed By||Management Member|
- Our business is engaged in the trading of aluminium gravity die casting and pressure die cast products.
- We have local suppliers from whom we procure the products and sell out to our clients.
- Currently, we have 3 regular clients for our business.
- We plan on expanding our business by dealing in assembled scrap metal.
- We have already identified and got quotations from 5 suppliers for the assembled metal in Singapore, Colombo, and South Africa.
- The process will include disassembling the products and selling aluminium, iron, and copper to the respective clients. Have identified 5 clients in this business.
- The business has not taken any loan and does not have any overdue.
- We did not report any revenue last year as the business had just started out its operations.
Trading of aluminium gravity die casting and pressure die cast products. Plan on expanding our business by dealing in assembled scrap metal.
The physical assets include the die casts which cost about INR 8 lakh.
Currently, we are operating from home to reduce our expenses.