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Cutlery and Flatware Company Seeking Loan in Kolkata, India

Kolkata's best crockery cutlery rental service provider with 24 clients seeks funds for expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 22 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 30 %
Industries Cutlery and Flatware + 1 more
Locations  Kolkata
Local Time 4:37 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 18.0% annual interest, 2 years (Native Currency: INR 2,500,000)
Reason: Need immediate funds to buy more crockery, cutlery, and kitchen equipment.
Collateral Available: USD 0
Includes physical assets worth USD 50 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Company specializing in the rental of crockery, cutlery, glassware, and kitchen equipment.

- We mostly deal with 5-star hotels in Kolkata.

- At present, we have 24 5-star and 4-star hotels as our clients.

- Our sales have increased significantly due to an increase in clientele.

- Expected turnover for the next year is INR 60 lakhs.

- The promoter has solid experience in this field.

- Company is debt free and has 2 directors.

Products & Services Overview

Rental Service of CCG to businesses.

Deep cleaning.

Catering.

Assets Overview

Assets include: inventory worth INR 40 lakhs.

Crockery.

Cutlery.

Glassware.

Kitchen equipment.

Facilities Overview

The main warehouse is rented and it is a 3,000 sq ft area.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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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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