Battery Store Seeking Loan in Virudhachalam, India
Authorized dealer selling batteries and engine oils with clients over 1,800 and 2 branches.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 60 - 70 thousand |
| Run Rate Sales | USD 67 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Petroleum Product + 1 more |
| Locations | Virudhachalam + 1 more |
| Local Time | 6:45 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
17.5 thousand
for
9.5%
annual interest,
5
years
(Native Currency: INR 1,500,000)
Reason: We have expanded our operations by opening a branch office in Kallakurichi. The required funds will ...
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Collateral Available: USD 0
Includes physical assets worth
USD
4.8 thousand
Interested to connect with advisors
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Business Name
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Documents
GST Certificate
(93.5 KB)
Business Overview
- Retail store specializing in Amara Raja batteries and engine oil, catering to a wide range of customer needs in the automotive and energy segments.
- Our customer base has grown to include over 1,800 clients, along with 12 sub-retailers who maintain continuous business relationships with us, contributing to our steady growth.
- Our business model is primarily based on maintaining healthy cash flow, which allows us to efficiently manage inventory and operations while providing timely service to our clients.
- We take pride in being recognized as the number one dealer for Amaron engine oil, a testament to our strong market presence and customer trust in our products and services.
- We are an authorized dealer for Amara Raja Batteries with exclusive territorial rights in.
- 10 years of experience for the promoter in this industry.
- Company has a valid GST in place.
- Our customer base has grown to include over 1,800 clients, along with 12 sub-retailers who maintain continuous business relationships with us, contributing to our steady growth.
- Our business model is primarily based on maintaining healthy cash flow, which allows us to efficiently manage inventory and operations while providing timely service to our clients.
- We take pride in being recognized as the number one dealer for Amaron engine oil, a testament to our strong market presence and customer trust in our products and services.
- We are an authorized dealer for Amara Raja Batteries with exclusive territorial rights in.
- 10 years of experience for the promoter in this industry.
- Company has a valid GST in place.
Products & Services Overview
- Our product offerings include two-wheeler batteries and engine oils from Amara Raja, and we have recently expanded to include Okaya inverter batteries to meet growing market demand.- We actively work with well-established and trusted brands such as Amara Raja, Exide and Okaya, ensuring that our customers receive only high-quality, reliable products.
- B2C and B2B through retailers.
Assets Overview
CCTVs valued at INR 50,000.Computers valued at INR 75,000.
Furnitures valued at INR 1,50,000.
Printers valued at INR 36,000.
Inverter battery valued at INR 40,000.
Chargers valued at INR 31,000.
Testing machines valued at INR 30,000.
Facilities Overview
We have rented offices in both Virudhachalam and Kallakurichi, each approximately 320 sq. ft. and located on the ground floor. Additionally, we have a nearby hall accessible from both offices, which is used for stock storage and includes restroom facilities.
Capitalization Overview
Vendor outstanding:- Amara Raja outstanding: INR 6,50,000 (30-day rotation)
- Exide outstanding: INR 1,50,000 (30-day rotation)
- Okaya outstanding: INR 2,30,000 (30-day rotation)
Other loans:
- Bank overdraft (OD): INR 4,00,000.
- Term loan: INR 5,00,000 (60-month tenure), with INR 50,000 already repaid.
Recent Activity
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Earlier than 15 daysFundraising Specialist, Chennai, Financial Consultant connected with the Business
Tags:
Petroleum Product Business Seeking Loan in Virudhachalam, India
·Petroleum Product Business Seeking Loan in Kallakurichi, India
·Lend to Petroleum Product Business in Virudhachalam, India
·Oil Product Business Seeking Loan in Virudhachalam, India
·Lend to Petroleum Product Business in Kallakurichi, India
·Oil Product Business Seeking Loan in Kallakurichi, India
·Inverter Dealer Seeking Loan in Virudhachalam, India
·Lend to Oil Product Business in Virudhachalam, India
·Inverter Dealer Seeking Loan in Kallakurichi, India
·Lend to Oil Product Business in Kallakurichi, India
·Battery Store Seeking Loan in Virudhachalam, India
·Battery Store Seeking Loan in Kallakurichi, India
·UPS Dealer Seeking Loan in Virudhachalam, India
·Lend to Inverter Dealer in Virudhachalam, India
·UPS Dealer Seeking Loan in Kallakurichi, India
·Lend to Inverter Dealer in Kallakurichi, India
·Lend to Battery Store in Virudhachalam, India
·Lend to Battery Store in Kallakurichi, India
·Lend to UPS Dealer in Virudhachalam, India
·Lend to UPS Dealer in Kallakurichi, India
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