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    Electric Equipment Wholesale Business Seeking Loan in Chennai, India

    Electrical equipment business in Chennai supply to 15 large companies per month.
    Established 60-70 year(s)
    Employees 2 - 5
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales USD 70 thousand
    Run Rate Sales USD 70 thousand
    EBITDA Margin 12 %
    Industries Electric Equipment Wholesale
    Locations  Chennai
    Local Time 6:02 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Moderately Active
    Overall Rating
    5.8 / 10
    Compare with industry
    Seeking Loan
    USD 60 thousand for 10.0% annual interest, 15 years (Native Currency: INR 5,000,000)
    Reason: To expand business by selling our products to clients pan India, marketing, purchasing from new manu... View More
    Collateral Available: USD 50 thousand
    Includes physical assets worth USD 3.6 thousand
    Name, Phone, Email
    Not disclosed
    Business Name
    Not disclosed
    User Verification
    Business Overview

    - A business trading in electrical equipment and products, based in Chennai.

    - We trade in switches, circuits, LED fittings, cables, control gear among other products.

    - Products are purchased from manufacturers, stockists and dealers. We currently have 30 brands in our portfolio.

    - We are a B2B business and sell to an average of 15 large companies per month. Out of these 10 would be repeat customers and 5 would be new clients.

    - Our clients include large manufacturing, pharma and defense companies.

    - Currently selling to clients in South India, but we are now looking to expand pan India.

    - Our business does not maintain large volumes of stock. Purchases are made based on orders.

    - Physical assets include office setup.

    Products & Services Overview

    B2B business trading in switches, circuits, LED fittings, cables, control gear among other products.

    Facilities Overview

    Office is rented and is located in Chennai.

    Capitalization Overview
    Not Disclosed
    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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