Bitumen Trading & Distribution Biz Raising Funds in Chennai
About Business
The business trades bitumen used for road construction. It supplies both liquid and solid bitumen to road-laying contractors under domestic purchase and sales contracts.
Products
There are 10 different bitumen products in total, covering commonly used grades required for road and infrastructure work.
Procurement and Sales
Material is procured within India and sold directly to road contractors working on various projects.
Logistics
The business owns five tankers, which are used to transport and deliver bitumen to customer sites.
Clientele type
The primary customers are road construction contractors and builders operating across Tamil Nadu.
Premises
LEASED
Lease per month (in INR): 50.00 K
Security Deposit (in INR): 1.50 L
Carpet Area: 500 sq ft
NA
Asking Price Includes
The transaction includes profit sharing of up to 50%, depending on the investment amount.
Asking Price
INR 5.00 Cr
Minimum ticket size
INR 5.00 Cr
Reason
The objective is to expand operations across Tamil Nadu, and the business is therefore seeking a suitable investor.
Licenses
Trade licence
Keywords
Business Tags
Fundraising for ₹10 Cr – 500 Cr
Confidential Process Completed in 120 Days
Strategic Preparation, Aligned Investor Outreach and Seamless Closure
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