↩ Go Back
Need help?

Scrap Metal Business Investment Opportunity in Chennai, India

Investment opportunity in supply-oriented scrap metal business, based out of Chennai.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1 million
Run Rate Sales USD 1 million
EBITDA Margin 10 - 20 %
Industries Scrap Metal
Locations  Chennai
Local Time 10:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 600 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 100 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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.
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
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
5 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more