Profitable Granite & Marble Business Equity Stake For Sale in Adoni, India
Granite miner, manufacturer, and retailer, Temples EPC contractor looks for equity sale for business expansion.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 395 thousand |
| Run Rate Sales | USD 510 thousand |
| EBITDA Margin | 40 % |
| Industries | Granite & Marble |
| Locations | Adoni |
| Local Time | 6:34 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
660 thousand
for
30.0%
stake
(Native Currency: INR 60,000,000)
Reason: Seeking funds for factory modernization, including multi-wire cutters, line polishers, solar panels,...
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Includes physical assets worth
USD
470 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Selling granite blocks, temple stones, granite slabs, and custom granite artifacts to customers in Andhra Pradesh and the rest of India.
- Currently employing 40 people and processes 200-250 cubic meters of stone every month.
- Successfully executed over 10 EPC temple works contracts and supplied temple stones to over 100 temples in last 3 years.
- Supplies granite slabs for retailers and projects.
- Have exported granite blocks to China, Bangladesh.
- Business enjoys a high operational and net profit margin similar to other players in the industry.
- Currently employing 40 people and processes 200-250 cubic meters of stone every month.
- Successfully executed over 10 EPC temple works contracts and supplied temple stones to over 100 temples in last 3 years.
- Supplies granite slabs for retailers and projects.
- Have exported granite blocks to China, Bangladesh.
- Business enjoys a high operational and net profit margin similar to other players in the industry.
Products & Services Overview
Granite blocks, granite slabs, temple stones, and custom granite artifacts.
Assets Overview
Tangible assets:- 2 excavators; one is 4 years old and the other is 7 years old and they are worth INR 50 lakh and INR 40 lakh respectively.
- 4 compressors, with each worth INR 3.5 lakh. Total value comes to INR 14 lakh.
- 14 T Crane worth INR 21 lakhs.
- Factory worth INR 3 crore.
Intangible assets:
- We have 2 mining leases of 20 years with 12 years remaining on each lease. We have the option for automatic renewal of the leases.
Facilities Overview
Mines:- 1 hectare mine of red multi & cats eye brown.
- 1 hectare mine of plain red,
Processing:
- 1 own cutting and polishing unit of 1.5 acre. 1 unit of Temple design workshop. The unit is located in Adoni.
Office premises are located in Adoni as well.
Capitalization Overview
- Sole proprietorship with bank loans for factory.
Recent Activity
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Earlier than 15 daysConsultant, Management Consultancy, Singapore, Individual Investor / Buyer connected with the Business
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