Battery Store Seeking Loan in Nagpur, India
Nagpur-based retailer and wholesaler of Amaron and Exide batteries, seeks funding to launch in-house manufacturing.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 90 thousand |
| Run Rate Sales | USD 101 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Battery Stores |
| Locations | Nagpur |
| Local Time | 8:25 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
56 thousand
for
9.0%
annual interest,
3
years
(Native Currency: INR 5,000,000)
Reason: Seeking funding to establish our own battery manufacturing operations and expand into high-growth en...
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Collateral Available: USD 0
Includes physical assets worth
USD
175 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Based in Nagpur, the business is a reliable retailer and wholesaler of batteries, specializing in Amaron and Exide batteries, including inverter batteries.
- The company operates primarily through a retail store, which accounts for the majority of its revenue from battery sales.
- Individual customers represent 80% of the clientele, while businesses make up 20%.
- Also engaged in wholesale distribution across Nagpur, the business has partnered with 5 distributors to expand its reach.
- Products are procured from one main manufacturer and supplemented by other brand distributors.
- The business is registered for Goods and Services Tax (GST), ensuring compliance with local regulations and enhancing credibility.
- Revenue generation primarily comes from retail sales, with additional income from wholesale distribution to local businesses, contributing to steady growth in the battery market.
- The company operates primarily through a retail store, which accounts for the majority of its revenue from battery sales.
- Individual customers represent 80% of the clientele, while businesses make up 20%.
- Also engaged in wholesale distribution across Nagpur, the business has partnered with 5 distributors to expand its reach.
- Products are procured from one main manufacturer and supplemented by other brand distributors.
- The business is registered for Goods and Services Tax (GST), ensuring compliance with local regulations and enhancing credibility.
- Revenue generation primarily comes from retail sales, with additional income from wholesale distribution to local businesses, contributing to steady growth in the battery market.
Products & Services Overview
Amaron and Exide inverter and automotive batteries, which form the core of our retail and wholesale operations. Sold through retail store and distribution.
Assets Overview
Physical assets include inventory worth INR 35 lakh and a company-owned retail store valued at INR 1.2 crore.These physical assets are essential for business operations and cannot be liquidated.
Facilities Overview
Operating from one company-owned retail facility of 400 sq. ft. and a rented storage facility of 250 sq. ft. at INR 39,000 per month, located on Wardha Road, Nagpur.
Capitalization Overview
Self-funded.No outstanding loans.
There are 2 partners in the business.
Tags:
Inverter Dealer Seeking Loan in Nagpur, India
·Battery Store Seeking Loan in Nagpur, India
·UPS Dealer Seeking Loan in Nagpur, India
·Lend to Inverter Dealer in Nagpur, India
·Lend to Battery Store in Nagpur, India
·Lend to UPS Dealer in Nagpur, India
·Inverter Dealer Seeking Loan
·Battery Store Seeking Loan
·UPS Dealer Seeking Loan
·Lend to Inverter Dealer
·Lend to Battery Store
·Lend to UPS Dealer
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