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    Antiques Businesses Seeking Loan

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    Antiques Business Seeking Loan in New Delhi, India

    Delhi based retailer of antique and vintage replica products selling 50 units / month seeking growth capital.
    - Engaged in the retail sale of antique and vintage replica products. - Offer a wide range of antique and vintage replica products for both indoor and outdoor use. - The products are in great demand for use as gifts and for decorative purposes inside homes, gardens and office spaces. - Sell around 50 units each month through both our offline and online stores. - Around 60% of our revenue comes from our own e-commerce portal with the remaining coming from our online stores on Flipkart and Amazon. - For e-commerce delivery, we have partnered with a local courier service provider who can deliver products across India. - The antique replica products are sourced from a 3rd party manufacturer from Uttarakhand. - In addition to the sale of these replica products, the business in the past used to offer coaching programs for MBBS, IIT-JEE tests, and 10th and 12th standard exams. - However, the business has halted these operations since March this year due to the COVID-19 pandemic. - Prior to halting our coaching programs, the business served 200 students and charged an average of INR 5,000 per month as fees. - The replica retail business was started in February and now is the only source of revenue for the business.
    Delhi based retailer of antique and vintage replica products selling 50 units / month seeking growth capital.
    6.9   New Delhi
    Run Rate Sales
    USD 30 thousand
    EBITDA Margin
    20 - 30 %
    Business Loan
    USD 24 K at 12%
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