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Electric Equipment Wholesale Business Seeking Loan in Silchar, India

Business engaged in providing electrical services and accessories in the Barak Valley region, seeks loan.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 57 thousand
EBITDA Margin 10 - 20 %
Industries Electric Equipment Wholesale + 1 more
Locations  Silchar
Local Time 6:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 15.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: To expand the business both online and offline, as well as for marketing purposes.
Collateral Available: USD 12 thousand
Includes physical assets worth USD 12 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview
- We are traders of electrical components who offer B2B services within the Barak Valley region and are expanding as well.
- Our business is operating for the last 4 years and we are involved in the distribution, installation, and trading of electrical accessories like bulbs, wires, and switches.
- Source the accessories and components from 4 manufacturers in Mumbai Gujarat, and Delhi.
- Our clients include a wide variety of retailers, dealers, and wholesalers. We are supply to 15-20 clients as of now.
- We also work in the field of electrical installation under village electrification schemes under APDCL.
- Mostly our revenue is generated from the distribution of electrical components.
- On average, we do 4 to 6 installation projects in a month.
- Our revenue has grown since last year as we were establishing our position in the industry.
Products & Services Overview
The company is involved in electrical component activities like electrical installation services, distribution, and trading of wires, switches, and bulbs.
Assets Overview
Tangible assets - Car, bikes, and inventory.
Intangible assets - Trade license and trademark.
Facilities Overview
The office is established on the ground floor with an area of 500 sq. ft. The office space is not owned by the business but we do not pay any rent as it is owned by the promoter personally.
Capitalization Overview
- Presently we have put in some of our own money.
- Some bank loans are also there, which we can disclose later.
- No shareholders, this is a sole proprietorship.
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Hyderabad, Financial Consultant connected with the Business
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Contact Business
2 Investors already contacted this Business. Register below to connect now!
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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