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Electric Equipment Wholesale Business Seeking Loan in Khulna, Bangladesh

Store in Khulna that sells electronic items and offers installation services seeks funds for expansion.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 110 thousand
Run Rate Sales USD 190 thousand
EBITDA Margin 10 %
Industries Electric Equipment Wholesale
Locations  Khulna
Local Time 10:00 PM Asia / Dhaka
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 180 thousand for 10.0% annual interest, 5 years (Native Currency: BDT 20,000,000)
Reason: For the expansion of the business by starting our own manufacturing of the related products.
Collateral Available: USD 14 thousand
Includes physical assets worth USD 20 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Trade Licence
Business Logo
Business Card
TIN Certificate
Business Overview

- Three years old organization that is involved in the wholesale of electrical products.

- We sell our products in the local market. We receive customers to our store and our retail sales officers visit & collect orders from other shops.

- In addition, we supply electrical products to various government agencies like (army cantonment, coast guard and navy), engineers and contractors of private new buildings.

- Daily sales are on average BDT 40 to 50 thousand which equates to BDT 13 to 17 lakh per month.

- Organization has 4 employees which include 2 retail sales officers, 1 corporate sales officer, 1 delivery man.

- Most of the sales are cash transactions.

- We offer superior customer service & fast delivery services.

- We buy products from wholesalers and dealers. If we start purchasing all products from the factory, then our profit would jump to 30 to 40%.

- We supply our products all over the Khulna district.

- Business has single owner and no liabilities.

Products & Services Overview

List all products & services given below:

Sale of quality electrical products, original and branded wires with free home delivery services. Design and planning of installation of electronic items.

Assets Overview

Furniture.

Decoratives items and interior set-up of the facility.

Products and inventory worth BDT 12 lakh.

Shelves and storage spaces.

4 motorcycles.

Receivables of around BDT 5 lakh from the traders of the market.

Facilities Overview

Operating from a store space that is on a 10-year rental.

Capitalization Overview
Not Disclosed
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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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