Marble Business Idea: When we build a house or construct a shop, marble is always used. Without marble, the construction of homes, temples, shops, buildings, corporate offices, etc., remains incomplete. This is why you will find many marble shops along the roadside. Due to the high demand for marble, every shop that opens in this business succeeds in making a profit.
If you also want to start a marble business, we will provide you with important information about it. If you are interested in starting this business, read the details given below carefully.
What is the Marble Business?
In the marble business, you provide your customers with their preferred quality of marble at their nearest location. Marble is a type of stone found in different parts of the country. After cutting and processing, it is made ready for construction purposes. The price of marble starts from ₹30 per square foot and can go up to ₹100 to ₹500 per square foot, depending on the quality. The rates of marble vary according to its different qualities.
Location for the Marble Business
If you want to start a marble business, you must have at least 700 square feet of space. Ensure that you set up your business in a location where trucks, tractors, trolleys, or loading vehicles can easily access. Starting this business alongside a road is more beneficial. The marble business requires open space to avoid any kind of damage or breakage during storage.
Investment in the Marble Business
Starting a marble business with a low budget is not possible. Generally, to establish it on a large scale, you will need an investment of ₹40 lakh to ₹50 lakh. However, if you want to start on a smaller scale with a small shop, you can begin with an investment of ₹5 lakh to ₹20 lakh. Since marble is an expensive product, purchasing it from a dealer will involve higher costs.
Earnings from the Marble Business
There is no limit to earnings in the marble business. You can easily earn a profit margin of 10% to 20%. For example, if you sell ₹1,00,000 worth of marble in a single day, your profit for that day will be ₹20,000. With this business, you can quickly become a lakhpati or crorepati in a very short time.