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Electric Equipment Wholesale Business Seeking Loan in Chittagong, Bangladesh

Imports & supplies electrical and mechanical components used in industrial machinery.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 588 thousand
Run Rate Sales USD 588 thousand
EBITDA Margin 10 - 20 %
Industries Electric Equipment Wholesale
Locations  Chittagong
Local Time 12:44 PM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 200 thousand for 6.0% annual interest, 10 years (Native Currency: USD 200,000)
Reason: Have multiple confirmed orders in hand from a few power plants. The funds will be used to meet those... View More
Collateral Available: USD 0
Includes physical assets worth USD 15 thousand
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Business Name
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Business Overview

Firm imports & supplies electrical and mechanical components used in industrial machinery. We sell 15 different types of products and some of them are electric motors, gauge, sensors and industrial filters. We buy these products from 10-15 suppliers based in USA, Germany and other parts of Europe.

Our clients are factories & industries whose plant & machinery have depreciated and requires an upgrade. We sell the products to steel factories, power plants and pharma manufacturing units. Have a total of 50 clients who order from us in bulk quantity. After receiving their orders, we import and supply the products directly at our client's facility. We maintain minimum stocks at our facility.

Firm is registered in Chittagong and majority of our operations are conducted from this office. We have 5 employees at Chittagong office. Our head office is located in Dhaka and we have 2 employees at this office. Business owned assets include office equipment and few stocks.

Products & Services Overview

Electrical and mechanical components such as electric motors, gauge, sensors, industrial filters.

Facilities Overview

Both offices are on rent:

- Chittagong: Firm is registered in Chittagong and the office is of 1,800 sq ft. We have 5 employees at this office.

- Dhaka - Our head office is located in Dhaka and it is of 1,000 sq ft. We have 2 employees at this office.

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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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