Scrap Metal Business Investment Opportunity in Chennai, India
Investment opportunity in supply-oriented scrap metal business, based out of Chennai.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 900 thousand |
| Run Rate Sales | USD 950 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Scrap Metal |
| Locations | Chennai |
| Local Time | 1:48 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
570 thousand
for
50.0%
stake
(Native Currency: INR 50,000,000)
Reason: To scale up the business and for working capital.
Includes physical assets worth
USD
90 thousand
Interested to connect with advisors
Business Overview
- Supply-oriented company for mill-scale scrap. We also supply iron ore, coal and general minerals.
- Mill scale is a by-product of the steel-making process.
- We source it from TMT bars manufacturing companies and send it to electro-steel pipe companies.
- Have tie-ups with 2 such manufacturing companies as vendors.
- We are one of the major suppliers in India and outside.
- Tied up with one export company outside India that acts as a middleman between the manufacturing companies and us.
- We also have 5 workers paid as per daily wages.
- We send the products through road transportation.
- We operate 10 trucks on a daily basis. Single truck consists of 30 metric tons of products.
- Mill scale is a by-product of the steel-making process.
- We source it from TMT bars manufacturing companies and send it to electro-steel pipe companies.
- Have tie-ups with 2 such manufacturing companies as vendors.
- We are one of the major suppliers in India and outside.
- Tied up with one export company outside India that acts as a middleman between the manufacturing companies and us.
- We also have 5 workers paid as per daily wages.
- We send the products through road transportation.
- We operate 10 trucks on a daily basis. Single truck consists of 30 metric tons of products.
Products & Services Overview
- Mill scale scrap.- Iron ore, coal and general products.
- These products are majorly used in making steel pipes and also steel industry.
Assets Overview
Tangible assets include:Investory - INR 40-50L.
Office and furniture - INR 40L.
Facilities Overview
Own office of 520 Sq Ft. Rented godown 25,000 Sq Ft paying INR 14,000 per month located in north Chennai. We also have 10 leased trucks.
Capitalization Overview
100% equity is with the owner of the company.There are no debts. Need investor for this business with good returns.
Recent Activity
-
Earlier than 15 daysFounder, Advertising / Marketing, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOwner, Food Products, Erode, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Trading (Exports), Chennai, Individual Investor / Buyer connected with the Business
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