↩ Go Back
Need help?

Mining Machinery Business Investment Opportunity in Chennai, India

Chennai based business trading in drilling tools and equipment that sells to granite quarries.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 20 - 30 %
Industries Mining Machinery
Locations  Chennai
Local Time 2:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 50 thousand for 50.0% stake (Native Currency: INR 4,000,000)
Reason: To fulfill orders, increase purchasing capacity and the number of clients we sell to.
Includes physical assets worth USD 70 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Products are imported from manufacturers in China.

- Sell the products directly to granite quarries across India.

- Have sold to over 100 quarries till date.

- There is currently huge demand in India for our imported tools and there is limited competition in our industry.

- Our business has excellent vision on growth of business.

- Operations began last year, hence not a significant amount of revenue was generated during the previous year.

- There are no other physical assets except the inventory.

Products & Services Overview

Importing drilling tools and equipment from China and selling them to quarries.

Facilities Overview

Have an office and warehouse on a personal property of one of the owners.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Investor viewed this Business this month.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more