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Cleaning Supplies Business Seeking Loan in Tiruvannamalai, India

Cleaning supplies manufacturer seeks business loan to switch from D2D to retail/wholesale distribution model.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 8 %
Industries Cleaning Supplies
Locations  Tiruvannamalai
Local Time 7:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 25 thousand for 10.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: Funds will be used to purchase packaging machinery and to switch from D2D sales to a retail/wholesal... View More
Collateral Available: USD 0
Includes physical assets worth USD 43 thousand
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Business Name
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Business Overview

- Company manufactures cleaning supplies under its own brand and also provides job work manufacturing services on a contract basis.

- We manufacture the products under our own brand and sell through door-to-door marketing. We have 7 D2D salespersons that work on a contract basis.

- Our maximum production capacity is 250kg per hour but we are currently held back by the lack of packaging equipment. Manual packaging and labelling take 2-3 days which can be completed in a few hours with packaging machinery.

- Our revenue figures provided are only for our own brand as job works contracts are not regular.

- Business has taken a Flexi-loan worth INR 3 lakhs and the promoter has a personal overdraft loan of INR 8 lakhs that was taken for the factory premises.

Products & Services Overview

Detergent cake, dishwasher cake, detergent liquid, dishwashing liquid, floor cleaner, fabric conditioner, ala, acid, steel scrubber, nylon scrubber, detergent powder, dishwasher powder.

Assets Overview

Manufacturing equipment, raw materials, packaging, and labelling materials.

Intangible assets include our brand, license, and website.

Facilities Overview

1,200 sq ft factory premises which is a personal property of the promoter.

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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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