Need help?

Cleaning Machinery Company Seeking Loan in Kochi, India

Seeking Business Loan: Exclusive pan-India partner of patented & automated cleaning machines manufactured in Netherlands.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 410 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 20 %
Industries Cleaning Machinery
Locations  Kochi
Local Time 3:37 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 236 thousand for 12.0% annual interest, 3 years (Native Currency: INR 20,000,000)
Reason: The proceeds from the business loan will be used for: - Funding in-hand purchase orders amounting t... View More
Collateral Available: USD 0
Includes physical assets worth USD 236 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Our company sells patented & automated cleaning equipment & machines across India. We are the official partners of a Netherland-based company who manufactures these products.
- We purchase the products, import them back to India, and store them at our warehouses. We are the only company that possesses this exclusive contract.
- The products are manufactured in the Netherlands and sold under our own trademarked brand names in India. We do not possess patents for any of the products. Currently, we are dealing in 27 different products.
- We sell our products by establishing distributions networks. Our distributors further sell the products to independent households, hospitals, restaurants, hotels, resorts, etc.
- The sales are primarily recorded from Delhi, Bangalore, Kochi, Pune, and a few other states across India. We have our offices in these states to easily sell our products to the distributors.
- We also have the direct clientele to whom we provide these products as per their purchase orders. A few include Reliance, L&T, etc. We have recently received a purchase order from Reliance amounting to over INR 1 crore which is yet to be fulfilled.
- Our products are completely automated, and are more durable, technologically advanced, and effective than other competitors in the market.
- The company is registered in Ernakulam, Kerala. However, the company is headquartered in Kochi, Kerala.
- Our company is entirely debt-free with no outstanding business loans, overdue, or defaults.
- The company has 2 directors & 2 promoters. One of the directors owns 90 percent of the company. The remaining 10 percent is proportionally & equally between the other director and the two promoters. There are no outside investors or shareholders.
Products & Services Overview
Our company deals in 27 different automated cleaning products & machines such as:
- Automated floor scrubber.
- Vacuum cleaner.
- Sanitation equipment.
- Air purifier.
- Fogger.
Assets Overview
Physical assets include:
- Inventory of products.
- Interior fittings, and furniture at our offices.
- Laptops, commuters, and other office equipment.
- Company-owned office in Cochin.
Facilities Overview
- Our company has offices in Kochi, Delhi, Pune, and Bengaluru. Each premise is operated by our company and is used as an office space & warehouse.
- The office in Kochi is the headquarters & is company-owned. The other facilities are rented.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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.
Contact Business
3 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more