Scrap Metal Business Investment Opportunity in Coimbatore, India

- Company engaged in procuring and supplying scrap metal including steel, aluminum, copper, and brass.
- Procure the scrap items from 100+ local vendors, and we have an established relationship with them.
- Our revenue was low last year as we were experimenting with the business module and 3 months back, we started the "procure and supply" method, which is stable, profitable, and risk-free.
- In this module, we procure and outsource the steel materials from the local vendors and supply it to the 5 top-tier steel manufacturing companies in Tamil Nadu, who produce 100 MT to 250+ MT of high-quality steel per day.
- Irrespective of the market price, we are able to make a profit of ₹1/kg due to our potential to trade 18 MT to 50 MT of material per day. Our business has a profit potential of INR 18,000 to INR 50,000 per day. The profit is exclusive of GST & other operational costs.
- As we receive payments from the buyer in 4-7 days, we recirculate the invested amount for the rest of the month to repeat trades.
- This business model has the potential to earn 10%-15% net profit per month.
- As we recirculate the invested amount throughout the year, the gross profit in one year becomes 100%-150% of the invested amount.