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Auto Cleaning Products Business Seeking Loan in Pune, India

Auto cleaning products company that has 15+ suppliers and 40+ clients seeks a loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 50 thousand
Run Rate Sales USD 98 thousand
EBITDA Margin 25 %
Industries Auto Cleaning Products
Locations  Pune
Local Time 1:57 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 24 thousand for 13.0% annual interest, 4 years (Native Currency: INR 2,050,000)
Reason: The business seeks a loan because of working capital requirements and also to purchase new machinery... View More
Collateral Available: USD 0
Includes physical assets worth USD 8.7 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Business involved in the manufacturing of car care and coating products for refinishing.
- Our clients include wholesalers and distributors which is more than 40.
- The promoter's experience is 5+ years in the same industry.
- We have a strong business relationship with suppliers and customers.
- The business has 15-20 suppliers.
- The production capacity for car shampoo is 50-100 tons per month, for car polish it is 15-20 tons per month and for specialty products it is 2-3 tons in a month.
- Our utilization is around 30% of our capacity.
- The business is currently outsourcing the packaging.
- Majority of our sales are offline and a very minimal part is online.
- On average, we get 1 big order and 4-5 small orders in a day.
Products & Services Overview
Car shampoo.
Car polish.
Other specialty products.
Assets Overview
Computer.
Laptop.
Mobiles.
Industrial stirrer.
Furniture.
Packing machines.
Stock.
Facilities Overview
We are operating from a 2,000-square-foot space that has a godown, one research lab, one office, and a production area.
A rent of INR 25k is paid for this space and it is located in Jambhulwadi, Pune.
Capitalization Overview
The business is self-funded with INR 10 lakhs.
We have a debt of INR 7.5 lakh.
The total no of shareholders is 3.
Recent Activity
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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.
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