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Batteries Business Seeking Loan in Nagpur, India

Business trading batteries, inverters, solar lights and water purifiers, supplying to 220 retailers and wholesalers.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 110 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 15 %
Industries Automotive Batteries + 1 more
Locations  Nagpur
Local Time 6:23 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 14.0% annual interest, 7 years (Native Currency: INR 2,500,000)
Reason: To start trading products from other companies like Tata.
Collateral Available: USD 2.4 thousand
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Product trading business started in 2017.

- We deal in batteries, inverters, solar street lights and water purifiers.

- Main revenue is generated from batteries, inverters and water purifiers.

- We are the authorized distributors of Leader Battery, Tata Green Batteries and Shakti Batteries.

- Have 6 vendors.

- Supplying to more than 200 retails and 20 wholesalers.

- Business owns product inventory and furniture.

Products & Services Overview

Traders of Inverter battery, automotive battery, UPS battery, water purifiers, solar street lights.

Facilities Overview

Rented office facility with a total area of 1,000 sq ft.

Capitalization Overview
Not Disclosed
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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