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Building Maintenance Company Seeking Loan in Vijayawada, India

Mobile app that provides on-demand repairs and urban services at the doorstep of customers.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 30 thousand
EBITDA Margin 30 %
Industries Building Maintenance + 1 more
Locations  Vijayawada
Local Time 5:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 180 thousand for 12.0% annual interest, 5 years (Native Currency: INR 15,000,000)
Reason: For business development, hiring employees, marketing and to expand to more cities.
Collateral Available: USD 180 thousand
Interested to connect with advisors
Documents
Business Overview

- We currently provide 12 services on our app.

- Have over 300 service providers who fulfil these services. These service providers are on a contract basis without a company.

- Have over 600 registered customers, and have completed 60 services till date.

- Business started operations early this year, hence we did not generate any revenue for the previous year.

- Currently only offering services in Hyderabad, but we plan to expand to other cities in the coming months.

- App was developed initially by a third party, but we have our own development team that manages the app.

Products & Services Overview

We provide - cleaning services, handyman services, plumbers, electricians, painters, packers and movers, beauty salon services and spa services.

Assets Overview

Business does not own any physical assets.

Facilities Overview

Have a rented office of 3,000 Sq. Ft.

We plan to rent another office of 2,000 Sq. Ft. in the near future.

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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