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Automotive Accessories Business Seeking Loan in Jaipur, India

Manufactures automobile cables & brake shoe and supplies through dealers and distributors.

Established 1-5 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 thousand
Run Rate Sales USD 64 thousand
EBITDA Margin 20 %
Industries Automotive Accessories
Locations  Jaipur
Local Time 6:17 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 27 thousand for 12.0% annual interest, 1 year (Native Currency: INR 2,000,000)
Reason: Require funds to buy raw materials.
Collateral Available: USD 0
Includes physical assets worth USD 20 thousand
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Business Overview

Firm manufactures automobile cables and brake shoes under own brand. We buy scrap iron materials which is the raw material from 10 suppliers in India and 1 supplier in Denmark. After manufacturing, we sell the cables and brake shoes through distributors and dealers. Have 50+ dealers & distributors in our network.

Our business is labour intensive and we run the factory on 2 shifts per day. We have a team of admin staff, inspection team, engineers and ground staff. Founder of the business has 4 years of experience in this industry. Business owned assets include machines, tools and office equipment.

Products & Services Overview

Manufactures cables and brake shoe used in 2 wheelers and 4 wheelers.

Facilities Overview

Rented factory of 1,500 sq ft. We run on 2 shifts a day.

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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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