↩ Go Back
Need help?

Art Gallery Seeking Loan in Lautoka, Fiji

Handicrafts business providing wide range of products based in Fiji seeking for loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 27 thousand
Run Rate Sales USD 27 thousand
EBITDA Margin 0 - 10 %
Industries Art Galleries
Locations  Lautoka
Local Time 6:17 AM Pacific / Fiji
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 31.5 thousand for 1.0% annual interest, 2 years (Native Currency: FJD 70,000)
Reason: The loan is required to open a shop for the handicrafts business.
Collateral Available: USD 13.5 thousand
Includes physical assets worth USD 1.35 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Handicrafts business located in Natabua Complex, Lautoka, Fiji.
- We receive 5- 10 customers per day.
- The average order value is FED 100.
- Our customers are basically from local area.
- There are 2 owners and the business is debt free.
Products & Services Overview
Our products and services include:
- Garlands.
- Mats.
- Tapa cloth.
- Coffin box.
- Decoration.
- The products are widely used for birthdays, graduations, weddings and funerals.
Assets Overview
The assets includes all the tools and equipment required for making products.
Facilities Overview
The business is run from owner's house and are planning to open a retail store after receiving the loan amount.
Capitalization Overview
- There are 2 owners in the business.
- There are no loans or debts in the business and is self funded.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor viewed this Business this month. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more