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Profitable Granite & Marble Business Seeking Loan in Jaggayyapet, India

Granite and marble company in Andhra Pradesh seeks funding for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 6.9 thousand
Run Rate Sales USD 6.9 thousand
EBITDA Margin 40 %
Industries Granite & Marble
Locations  Jaggayyapet
Local Time 5:33 AM Asia / Kolkata
Listed By Advisor / Business Broker
Status Moderately Active
Overall Rating
Seeking Loan
USD 345 thousand for 10.0% annual interest, 5 years (Native Currency: INR 30,000,000)
Reason: - We require this funding to buy new equipment to cater to bulk orders. - We expect to repay the lo... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.15 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
1. Location: The business is strategically located in Budawada, Andhra Pradesh, providing access to a rich source of raw materials and a well-connected network for distribution.
2. Products & services: The business specializes in selling granites and marbles to other businesses, construction companies, and builders, catering to the growing demand in the construction and infrastructure sectors. The business is expected to grow due to the government change in the state.
3. Manufacturing capacity: With a robust manufacturing capacity of 80,000 tons per month, the business is well-positioned to meet the demands of its clients and capitalize on the growing market opportunities.
4. Customer base: The business currently serves a diverse client base, supplying 5+ clients, highlighting its ability to attract and retain customers in the competitive market.
5. Loan repayment: The business forecasts a timely repayment of the investment loan within 3-6 months after receiving the loan, indicating a favorable and accelerated return on investment.
6. Employees - The employees are hired on a contractual basis and can vary depending on the order size and requirement.
7. We are a certified company with all the necessary licenses and certifications.
Products & Services Overview
The business sells granites and marbles to other businesses, construction companies, and builders.
Assets Overview
The tangible assets include 2 commercial lands that the business operates with an of area 1.3 acres worth INR 6 crore in Chimakurthy district and manufacturing equipment like a crushing unit, polishing unit, and 3 godowns worth INR 4 crore.
Facilities Overview
The business operates from its own land near Chimakurthy highway, Andhra Pradesh.
Capitalization Overview
The business has taken 2 loans:
- INR 56 lakh from a finance company.
- INR 30 lakh ODF from a bank.
The business is a sole proprietorship.
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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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