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Newly Established Scrap Metal Business Investment Opportunity in Faridabad, India

Business that trades in aluminium die castings seeks investment to expand into scrap metal business.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 60 thousand
EBITDA Margin 15 %
Industries Scrap Metal + 1 more
Locations  Faridabad
Local Time 6:17 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Investment
USD 90 thousand for 25.0% stake (Native Currency: INR 7,500,000)
Reason: Funds are required to import the material from suppliers as well as add more dies in product list to... View More
Includes physical assets worth USD 10 thousand
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Business Overview

- 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.

Products & Services Overview

Trading of aluminium gravity die casting and pressure die cast products. Plan on expanding our business by dealing in assembled scrap metal.

Assets Overview

The physical assets include the die casts which cost about INR 8 lakh.

Facilities Overview

Currently, we are operating from home to reduce our expenses.

Capitalization Overview
Not Disclosed
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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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