Listing Details : LB-16964

Asking Price 80 Lacs
Turnover 5 Crs
Legal Entity Proprietorship
Category Used Machinery & Scrap
Sub Category Scrap Trading
Business Listed By Business Owner

Overview

Established in 2017, this well-run aluminum, ferrous, and non-ferrous scrap trading business is available for sale in Chennai. We specialize in sourcing and trading a wide variety of scrap materials across India, with a reliable network of over 150 suppliers from different regions of the country. The business has been operating primarily in the domestic market, though we previously engaged in exports until 2019. In addition to our Chennai operations, we have a dedicated warehouse located in Annur, near Coimbatore, spread across 1 acre of land. The warehouse is currently leased at a monthly rent of ₹30,000 and is fully functional for sorting, storing, and handling bulk scrap materials. This is an excellent opportunity for individuals or companies looking to enter or expand within the scrap trading and recycling sector. With an existing supplier network, infrastructure in place, and a proven track record, the business is well-positioned for immediate operations and future growth.

Year of Establishment

2017

No. of Employees

30

Current Status of Business

Running

Business Relocatable

Yes

Property Type

Leased

Rental per Month

30 Thousand

Describe Property

N.A

Competition / Market

Yes

Products & Services

We specialize in sourcing and trading a wide variety of scrap materials across India, with a reliable network of over 150 suppliers from different regions of the country. The business has been operating primarily in the domestic market, though we previously engaged in exports until 2019.

Growth Potential

Very High

Reason For Sale

Personal reason

Financial Details

Contact Business