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Petroleum Product Business Investment Opportunity in Chennai, India

Petroleum products trader seeks strong partnerships, offering 60% profit on INR 30 crore work order.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 234 thousand
Run Rate Sales USD 1.4 million
EBITDA Margin 10 %
Industries Petroleum Product
Locations  Chennai
Local Time 2:46 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 3.5 million for 60.0% stake (Native Currency: INR 300,000,000)
Reason: We seek funding as working capital to export 50,000 metric tons of barite ore (Mineral) to a custome... View More
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Business Overview
- Operates in the petroleum product trading industry, primarily focusing on high-demand items such as bulk bitumen and furnace oils.
- Based in Chennai, the business benefits from strategic proximity to major ports for efficient distribution.
- Operates with a lean team of just 2 employees, ensuring low overhead costs and streamlined operations. Since the products are shipped directly to clients with the help of agents, we do not require a large number of employees.
- Established relationships with 3 active clients, demonstrating a consistent stream of business.
- Led by a seasoned promoter with 30 years of industry experience, providing strong guidance and insight for growth potential.
- Experiencing substantial growth with an increase in sales driven by larger and more frequent work orders.
- The company is registered with MSME and GST certifications.
- Actively seeking investment to capitalize on opportunities for exporting bulk bitumen to clients in Saudi Arabia, indicating a strategic move towards international expansion.
Products & Services Overview
The business is a trader specializing in top-selling products such as bulk bitumen and furnace oils.
Assets Overview
The business does not own assets as of now.
Facilities Overview
Operates from a rented office in Chennai.
Capitalization Overview
Currently, the business has no loans.
This is a sole proprietorship firm.
Recent Activity
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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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