Steel Company Investment Opportunity in Georgia

Non-operational steel manufacturing company having access to abundant raw material, seeks funding to restart.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
62 %
Industries
Locations
Local Time
4:49 AM Tbilisi
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Investment
USD 6.5 million for 70.0% stake (Native Currency: USD 6,500,000)
Reason: We need to increase capacity up to 4,000 mt tons per month, for that we need to add furnace and con-... View More
Includes physical assets worth USD 3.6 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
presentation
Business Overview

- We have a very good market as big infrastructural projects are going on in the country.

- The country has a very good location for export as well.

- The country has restriction on export of scrap. So raw material is not a problem.

- Recently VAT on purchase of local raw material was removed.

- The business has huge potential as there is abundant raw material available locally.

- We have preliminary negotiation and we can get another 31 H at USD 150,000 including electrical cell we need to increase capacity.

Products & Services Overview

Deformed steel bar, U channel, Steel billets, Angles.

Facilities Overview
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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