↩ Go Back
Need help?

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 180 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 40 %
Industries Brick Factories
Locations  Virar
Local Time 11:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 24 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 12 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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.

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.

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

10 Investors viewed this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more