Profitable Scrap Metal Business Seeking Loan in Bandel, India
50-year-old scrap metal business seeking funding to scale production to 500 tons monthly.
| Established | 50-60 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 88 thousand |
| Run Rate Sales | USD 108 thousand |
| EBITDA Margin | 25 % |
| Industries | Scrap Metal |
| Locations | Bandel |
| Local Time | 1:40 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
56 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: We are seeking working capital to purchase heavy iron scrap, enabling us to increase sales and scale...
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Collateral Available: USD 0
Includes physical assets worth
USD
170 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Udyam Registration Certificate
(59.1 KB)
Trade License
(261.1 KB)
Business Overview
- With a legacy of 50 years, the Bandel-based iron scrap business is well-established in West Bengal, offering promising growth and investment opportunities.
- The business is strategically situated in Kolkata, a pivotal location for the iron industry, enhancing logistics efficiency and market reach.
- Currently operating at 150 tons per month, the firm has set ambitious goals to increase its production capacity to 500 tons per month, indicating significant expansion potential.
- Heavy iron scrap is the core offering, recognized for superior margins and dependable cash flow, catering primarily to factories within the iron sector.
- The business sources its scrap from 15 to 20 reliable vendors, ensuring a well-diversified supply chain that supports consistent production processes.
- Serving 4 to 5 key factories, the business maintains strong relationships with industry players, promoting steady demand and supply stability.
- Funding is sought to bolster working capital, aiming to enhance the acquisition and processing of heavy iron scrap, which remains a high-demand product in the industry.
- Employing a lean team of 8, the business ensures efficient operations with a focus on scalability and process optimization in the scrap metal industry.
- The business is strategically situated in Kolkata, a pivotal location for the iron industry, enhancing logistics efficiency and market reach.
- Currently operating at 150 tons per month, the firm has set ambitious goals to increase its production capacity to 500 tons per month, indicating significant expansion potential.
- Heavy iron scrap is the core offering, recognized for superior margins and dependable cash flow, catering primarily to factories within the iron sector.
- The business sources its scrap from 15 to 20 reliable vendors, ensuring a well-diversified supply chain that supports consistent production processes.
- Serving 4 to 5 key factories, the business maintains strong relationships with industry players, promoting steady demand and supply stability.
- Funding is sought to bolster working capital, aiming to enhance the acquisition and processing of heavy iron scrap, which remains a high-demand product in the industry.
- Employing a lean team of 8, the business ensures efficient operations with a focus on scalability and process optimization in the scrap metal industry.
Products & Services Overview
Heavy iron scrap is the top-selling product, providing strong margins and steady cash flow. It is sold to factories in the iron industry.
Assets Overview
Tangible assets:- Owned land and facility.
- All machinery and equipment.
- Stock.
- Truck.
These assets are crucial for our operations and cannot be liquidated.
Facilities Overview
The business operates on owned property with four machines, covering a total land area of 6 to 7 khattas and utilizing 6 bighas of land for operations.
Capitalization Overview
The business is debt-free.Sole proprietorship firm.
Recent Activity
-
Earlier than 15 daysChartered Accountant, Indore, Financial Consultant connected with the Business
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