Electronics Store Seeking Loan in Kolhapur, India
Consumer-electronics retailer based in Kolhapur is seeking a business loan to assist with operational expenses.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 90 - 100 thousand |
| Run Rate Sales | USD 97 thousand |
| EBITDA Margin | 20 % |
| Industries | Electronics Stores |
| Locations | Kolhapur |
| Local Time | 2:07 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
58 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: The owner is seeking a loan for business expansion.
Collateral Available: USD 0
Includes physical assets worth
USD
23 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Established wholesaler of electrical and electronic equipment located in Kolhapur, specializing in essential household goods.
- Retail store offers a diverse range of products including earthing materials, fans, coolers, and various home appliances.
- Operational reach extends across Karnataka, Maharashtra, Goa, and Kokan areas, ensuring a broad customer base.
- Strong profit margins with a remarkable turnover of capital at 3x within a year, showcasing effective business operations.
- Partnerships with 7-9 distributors enhance product availability and streamline supply chain efficiencies.
- Registered under GST, enabling compliance with tax regulations and potential benefits for customers.
- Single-person operation allows for nimble decision-making and low overhead costs, enhancing profitability.
- Retail store offers a diverse range of products including earthing materials, fans, coolers, and various home appliances.
- Operational reach extends across Karnataka, Maharashtra, Goa, and Kokan areas, ensuring a broad customer base.
- Strong profit margins with a remarkable turnover of capital at 3x within a year, showcasing effective business operations.
- Partnerships with 7-9 distributors enhance product availability and streamline supply chain efficiencies.
- Registered under GST, enabling compliance with tax regulations and potential benefits for customers.
- Single-person operation allows for nimble decision-making and low overhead costs, enhancing profitability.
Products & Services Overview
We specialize in retailing electronics, particularly household appliances such as fans, coolers, and electric pans.
Assets Overview
The business has stock of goods worth INR 20 lakhs.
Facilities Overview
Business operates from 2 rented facilities in Kolhapur.1. Rental shop of 4,000 sq ft.
2. Godown of 600 sq ft.
Capitalization Overview
The business is held by a sole owner.There is a loan of INR 20 lakhs, which will be closed in 3 years.
Tags:
Consumer Electronics Retailer Seeking Loan in Kolhapur, India
·Lend to Consumer Electronics Retailer in Kolhapur, India
·Home Appliance Shop Seeking Loan in Kolhapur, India
·Electronics Store Seeking Loan in Kolhapur, India
·Lend to Home Appliance Shop in Kolhapur, India
·Lend to Electronics Store in Kolhapur, India
·Consumer Electronics Retailer Seeking Loan
·Lend to Consumer Electronics Retailer
·Home Appliance Shop Seeking Loan
·Electronics Store Seeking Loan
·Lend to Home Appliance Shop
·Lend to Electronics Store
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