Antiques Business Seeking Loan in New Delhi, India
Delhi based retailer of antique and vintage replica products selling 50 units / month seeking growth capital.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 26 thousand |
| Run Rate Sales | USD 28.3 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Antiques |
| Locations | New Delhi |
| Local Time | 10:59 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
23.6 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 2,000,000)
Reason: 20% of the funds will be used for digital marketing activities the remaining 80% will be used to inc...
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Collateral Available: USD 17.7 thousand
Includes physical assets worth
USD
5.9 thousand
Interested to connect with advisors
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Business Name
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User Verification
Documents
Project Report
(1.0 MB)
Pocket Watch Product Image
(58.4 KB)
Nautical Deck Clock Product Image
(38.6 KB)
Udyog Aadhaar Registration Certificate
(129.3 KB)
Company PAN Card
(84.1 KB)
Business Overview
- 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.
- 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.
Products & Services Overview
Retail sale of antique and vintage replica products including vintage rotary dial phones, vintage kerosene fans, decorative ship lamps, vintage brass watches & clocks, brass compasses, telescopes, sand hourglasses, magnifying glass, porthole mirror, and gramophone players.
Facilities Overview
Leased office cum store space of 1,185 sq. ft. The covered area is 1,180 sq. ft. The facility is located in a business centre in Okhla, New Delhi. We also lease out a similar sized space in the same building that used to serve as the classroom.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManaging Director, Information Technology, Ahmedabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCredit Executive, Trinidhi Finance Private Limited, New Delhi, Financial Institution connected with the Business
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