Steel Businesses for Sale and Investment Opportunities in Maharashtra

- The business has been operating for 30 years and specializes in supplying steel long and flat products to Africa, the Caribbean, and the Indian Ocean region. - With a strong network of about 100 regular buyers across 30 countries, which includes retailers/importers. - The business utilizes a direct sourcing model from 50 mills/suppliers/traders in China, India, and Turkey, allowing for maximized margins. - The company operates on a direct sales basis and also on a commission basis, which is ~ 4 to 5% from manufacturers. - Over the past year, the business has processed an average of 100 to 120 orders, with an average order value of USD 4k. - The promoter is an IIT-K engineer with 15 years of professional experience in India and Africa followed by 30 years dedicated to developing this business. - The business has 7 permanent employees, additionally, there are contract agents located in different countries. - Has MCA, Udyam registration and import-export code.

- We are a startup company producing iron powder. - Company was incorporated two years ago but could not start operations due to the pandemic. We have been operational since last 4-5 months. - Production capacity is around 200 tons per month. - Clients are from automobile and engineering sector and we have some MNC clients in pipeline. - Company is owned by two directors in equal partnership. - Promoter has 12 years of experience in this field. - We have taken a bank loan of INR 2 crore, outstanding balance is around INR 1.5 crore and there are no defaults. - Costs are optimized as we own the production facility, we have launched operations recently and are seeking a loan of small amount for cash flow.