Craft Store Seeking Loan in Saharanpur, India
E-commerce platform in India that sells handcrafted goods seeks funding.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 106 thousand |
| EBITDA Margin | 30 % |
| Industries | Craft Stores + 1 more |
| Locations | Saharanpur |
| Local Time | 12:21 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11.8 thousand
for
10.0%
annual interest,
1
year
(Native Currency: INR 1,000,000)
Reason: We need business loan for expansion of the business.
Collateral Available: USD 0
Includes physical assets worth
USD
2.36 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The business is into handicraft products retailing through its own website store.
- We have tie-up with 4 to 5 manufacturers for the manufacturing of products.
- We do not outsource marketing or designing of the products.
- We also are a distributor for retailers with bulk orders for wooden products.
- We get an average order of 2,000 per month from website store.
- We have a projected growth rate of 30% for the year 2021-22 according to the demand for the products.
- We have a few non-permanent employees for the packaging of the products.
- We have tie-up with 4 to 5 manufacturers for the manufacturing of products.
- We do not outsource marketing or designing of the products.
- We also are a distributor for retailers with bulk orders for wooden products.
- We get an average order of 2,000 per month from website store.
- We have a projected growth rate of 30% for the year 2021-22 according to the demand for the products.
- We have a few non-permanent employees for the packaging of the products.
Products & Services Overview
The products of the business are kitchen wares, homewares and wooden handicrafts.
Assets Overview
The assets of the business are the inventory of finished products.
Facilities Overview
The built-up area of the business is 720 Sq. Ft. It is on rental agreement.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCo Founder, Publishing, Jaipur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder & CEO, IT Services, Kolkata, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Information Technology, Ahmedabad, Corporate Investor / Buyer connected with the Business
Tags:
Ecommerce Website Seeking Loan in Saharanpur, India
·Lend to Ecommerce Website in Saharanpur, India
·Craft Store Seeking Loan in Saharanpur, India
·Hobby Store Seeking Loan in Saharanpur, India
·Art Store Seeking Loan in Saharanpur, India
·Lend to Craft Store in Saharanpur, India
·Lend to Hobby Store in Saharanpur, India
·Lend to Art Store in Saharanpur, India
·Ecommerce Website Seeking Loan
·Lend to Ecommerce Website
·Craft Store Seeking Loan
·Hobby Store Seeking Loan
·Art Store Seeking Loan
·Lend to Craft Store
·Lend to Hobby Store
·Lend to Art Store
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
4 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ other businesses of all sizes.
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