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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 Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 24 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 10 - 20 %
Industries Brooms, Brushes and Dustpans
Locations  Nagercoil
Local Time 8:18 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 140 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 270 thousand
Includes physical assets worth USD 200 thousand
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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.

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.

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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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