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Consumer Electronics Company Seeking Loan in Patna, India

Patna-based home appliance wholesale & distributor business tie-up with reputed companies.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 150 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 28 %
Industries Consumer Electronics
Locations  Patna
Local Time 6:27 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 10.0% annual interest, 3 years (Native Currency: INR 5,000,000)
Reason: To procure new advanced brand associations.
Collateral Available: USD 50 thousand
Includes physical assets worth USD 60 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- Our business is a home appliances wholesaler and distributor of televisions, air conditioners, and home theatre.

- Business has tie-up with a reputed company for television and home theatres.

- The company is registered in Jharkhand, but we operate our business from Patna as most of our clients are based in Patna.

- We distribute our products to 17 distributors in Bihar and 2 in Uttar Pradesh.

- Business has seen a growth of 50% in the sales from last year.

- The promoter has 6 years of experience in the electronics industry.

- Once we secure more brands and companies, we can generate good revenue.

Products & Services Overview

Tv, air conditioner, refrigerator, home theatre, and cooler.

Assets Overview

Furniture, fixture, CCTV, alarm system, and inventory.

Facilities Overview

We operate in our rented office on 2 floors with a total of 2,000 sq ft. The rent is INR 56,000 per month.

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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