Scrap Metal Business Investment Opportunity in Chennai, India

- 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 scrap.

- Iron ore, coal and general products.

- These products are majorly used in making steel pipes and also steel industry.

Tangible assets include:

Investory - INR 40-50L.

Office and furniture - INR 40L.

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.

100% equity is with the owner of the company.

There are no debts. Need investor for this business with good returns.