Profitable Brick Factory Seeking Loan in Virar, India
Seeking a business loan to expand brick manufacturing capacity and diversify into RCC products.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 173 thousand |
| Run Rate Sales | USD 208 thousand |
| EBITDA Margin | 40 % |
| Industries | Brick Factories |
| Locations | Virar |
| Local Time | 1:32 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
23 thousand
for
12.0%
annual interest,
4
years
(Native Currency: INR 2,000,000)
Reason: Expanding business to manufacture RCC and concrete products.
Collateral Available: USD 0
Includes physical assets worth
USD
11.5 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Visiting Card for the Business.
(94.4 KB)
Business Overview
- Small-scale manufacturers of clay bricks.
- We are also planning to start production of concrete products.
- The plant has a manufacturing capacity of 10 lakh bricks per year which is fully being utilized.
- The business's customer credit terms range from 35-40 days, indicating a healthy cash flow and customer base.
- The business has only 2 full-time employees, while the workers are on a contractual basis.
- We want to expand and start producing RCC bricks as well.
- RCC products are in demand as the residential and commercial real estate sector is growing fast and the demand is more towards this service.
- The business does not require any licenses to operate.
- We are also planning to start production of concrete products.
- The plant has a manufacturing capacity of 10 lakh bricks per year which is fully being utilized.
- The business's customer credit terms range from 35-40 days, indicating a healthy cash flow and customer base.
- The business has only 2 full-time employees, while the workers are on a contractual basis.
- We want to expand and start producing RCC bricks as well.
- RCC products are in demand as the residential and commercial real estate sector is growing fast and the demand is more towards this service.
- The business does not require any licenses to operate.
Products & Services Overview
- We currently manufacture only red clay bricks.- The product is mainly sold to developers and builders.
- We want to expand our product line and add cover block, RCC block, and RCC grill.
Assets Overview
Tangible assets include machines and other accessories to manufacture clay bricks.
Facilities Overview
Our brick factory is located on a rented plot of 1 acre in Virar East. The annual rent of this plot is INR 50,000.
Capitalization Overview
- Self-funded, debt of around INR 10 lakh to the suppliers.- The above debt can be repaid by selling the product.
- Most of the money is invested by the owner.
- The business has only one owner.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysBusiness Development, India, Financial Consultant connected with the Business
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