Scrap Metal Business Seeking Loan in Chikkaballapura, India
Scrap metal business from Chikkaballapur seeks a loan for expanding operations.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 10 % |
| Industries | Scrap Metal |
| Locations | Chikkaballapura |
| Local Time | 4:04 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
117 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason: The owner is seeking a business loan to support expansion plans and acquire additional materials.
Collateral Available: USD 35 thousand
Includes physical assets worth
USD
35 thousand
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Business Overview
- This scrap metal business is located in Chikkaballapura and specializes in the trading of scrap copper, aluminium, wooden, and brass materials.
- The business sources its scrap materials through tenders and auctions, purchasing primarily from railways and the private sector.
- It caters mainly to small and medium-sized manufacturing companies, typically with 3-4 employees, that use scrap metals in the production of mechanical parts and components or for recycling processes.
- The company requires a minimum order value ranging between INR 5 to 10 lakh, ensuring a big order in each transaction.
- Profits are generated by selling the acquired scrap to end users, with immediate payment expected upon delivery, ensuring strong cash flow management.
- With over 20 clients to date, the business demonstrates a robust network and capabilities in fulfilling significant order requirements.
- The business operates with a lean team of 6 employees, optimizing operational efficiency and maintaining a competitive edge in the scrap metal industry.
- The business sources its scrap materials through tenders and auctions, purchasing primarily from railways and the private sector.
- It caters mainly to small and medium-sized manufacturing companies, typically with 3-4 employees, that use scrap metals in the production of mechanical parts and components or for recycling processes.
- The company requires a minimum order value ranging between INR 5 to 10 lakh, ensuring a big order in each transaction.
- Profits are generated by selling the acquired scrap to end users, with immediate payment expected upon delivery, ensuring strong cash flow management.
- With over 20 clients to date, the business demonstrates a robust network and capabilities in fulfilling significant order requirements.
- The business operates with a lean team of 6 employees, optimizing operational efficiency and maintaining a competitive edge in the scrap metal industry.
Products & Services Overview
Scrap copper and aluminum are our best-selling products, primarily purchased by manufacturing companies for processing and recycling into new metal sheets.
Assets Overview
Tangible assets: Land with an estimated value of INR 30 lakh.Intangible assets: GST registration and partnership deed.
Facilities Overview
We operate from a rented office space of 250 sq. ft. , with a monthly rent of INR 7,000.
Capitalization Overview
No external loans have been taken; the business is operated using limited internal funds. It follows a 90-10 shareholding structure, with funding provided entirely by the owners.
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