Brooms, Brushes and Dustpans Company Seeking Loan in Nagercoil, India
Natural Fibre Brushes factory with export opportunities from renowned European business houses seeking business loan.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 19.6 thousand |
| Run Rate Sales | USD 130 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Brooms, Brushes and Dustpans |
| Locations | Nagercoil |
| Local Time | 2:31 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
109 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason: - We require Rs. 10 Lakhs towards purchase of machinery.
- Rs. 60 Lakhs is required to meet the exp...
View More
Collateral Available: USD 218 thousand
Includes physical assets worth
USD
163 thousand
Interested to connect with advisors
Documents
Product Catalogue
(3.2 MB)
Certificate of Incorporation
(597.7 KB)
Memorandum of Association
(50.2 KB)
Articles of Association
(68.4 KB)
ROC-Verification.pdf
(59.6 KB)
Business Overview
- Total Project cost is INR 2 Cr of plant and machinery mostly from Japan and Europe.
-100% natural fibre brushes that clean better than most products in plastic.
- Products have excellent export potential and have open orders without volume limitations.
- Most Supermarket chains we have reached out to have accepted to display and we have positive response from customers.
- Unique product and does not have competition. We have a full range of products covering utensil scrubs, scrubbing and dusting brushes, brooms, commercial brushes, municipal cleaning brushes, etc.
- Currently looking to appoint distributors across India.
- Promoter has 5 years of experience in this industry.
-100% natural fibre brushes that clean better than most products in plastic.
- Products have excellent export potential and have open orders without volume limitations.
- Most Supermarket chains we have reached out to have accepted to display and we have positive response from customers.
- Unique product and does not have competition. We have a full range of products covering utensil scrubs, scrubbing and dusting brushes, brooms, commercial brushes, municipal cleaning brushes, etc.
- Currently looking to appoint distributors across India.
- Promoter has 5 years of experience in this industry.
Products & Services Overview
- Natural Fibre Cleaning Brushes.- Natural Fibre Brooms.
- Utensil Scrubs.
Facilities Overview
-The factory has 4,000 Sq Ft of shop floor and office space located in a 60 cent plot with all necessary government approvals.-Located in the heart of the raw material producing region (Coir Fibre, Rubber Wood and Palmyrah Fibre which are exported worldwide from Kanyakumari District)
-Have state of the art imported Italian, German and Japanese machines for manufacturing extremely high quality brushes.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysProject Director, Engineering, Singapore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysMD & Vice President, Oil & Gas, Kuwait City, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysEngineer, Oil & Energy, Nagercoil, Individual Investor / Buyer connected with the Business
Tags:
Brooms, Brushes and Dustpans Company Seeking Loan in Nagercoil, India
·Lend to Brooms, Brushes and Dustpans Company in Nagercoil, India
·Brooms, Brushes Company Seeking Loan in Nagercoil, India
·Lend to Brooms, Brushes Company in Nagercoil, India
·Brooms, Brushes and Dustpans Company Seeking Loan
·Lend to Brooms, Brushes and Dustpans Company
·Brooms, Brushes Company Seeking Loan
·Lend to Brooms, Brushes Company
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
