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Scrap Metal Business Investment Opportunity in Coimbatore, India

Business specializing in trading steel and metals to top-tier steel manufacturing companies in South India.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 5 - 6 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 10 - 20 %
Industries Steel + 1 more
Locations  Coimbatore
Local Time 5:32 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 36 thousand for 30.0% stake (Native Currency: INR 3,000,000)
Reason: - We require additional investment to procure materials in bulk and scale up the business to other p... View More
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Business Overview

- 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.

Products & Services Overview

Engaged in supplying scrap metal like steel, aluminium, copper, and brass.

Assets Overview

Our business does not own any physical assets.

Facilities Overview

We do not have any office or warehouse, as we procure and directly supply it to the customer and no storage is required.

Capitalization Overview
Not Disclosed
Recent Activity
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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.
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