Need help?

Event Management Business Seeking Loan in Kharagpur, India

Event management company, strong financial performance, expansion plans to include political events.

Established 5-10 year(s)
Employees 50 - 100
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 47 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 40 %
Industries Event Management
Locations  Kharagpur
Local Time 1:28 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35.4 thousand for 10.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: The loan will help the business expand and be able to increase its sales. The funds will help manag... View More
Collateral Available: USD 0
Includes physical assets worth USD 118 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The company operates in the event management industry and is based in Kharagpur.
- With a team of 50 employees, the company primarily offers catering services and event venue decoration, which are its top-selling services.
- Over the last 7 years, the company has built a customer base of more than 1100 customers and currently handles 4-5 events per month.
- The company is projected to achieve a revenue of INR 1.5 Cr by the end of the current financial year, indicating strong financial performance.
- The business has leveraged online marketing strategies to effectively increase its sales and reach a wider audience.
- In line with its growth strategy, the company is planning to expand its portfolio to include political events, presenting an opportunity for further revenue diversification and expansion.
- The company's consistent performance, growing customer base, and expansion plans make it an attractive investment opportunity in the event management industry.
Products & Services Overview
Our top-sold services include Catering services and event venue decoration.
Assets Overview
The business has a comprehensive system for coordinating events that consists of:
- Two transport vehicles, each valued at INR 14 lakh.
- Tents.
- Lights.
- Sofas, bedding, and chairs.
- generator.
- DJ set.
Facilities Overview
We have 11 small rented godowns in Kharagpur where all our inventory is stored.
Capitalization Overview
The business has only 1 owner with a proprietorship.
The business currently has a INR 10 Lakh ongoing loan.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more