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Event Management Business Seeking Loan in Muktagacha, Bangladesh

Muktagacha's event management business caters to various events, with potential for steady revenue generation.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 6 - 7 thousand
Run Rate Sales USD 5.9 thousand
EBITDA Margin 40 %
Industries Event Management
Locations  Muktagacha
Local Time 3:50 AM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.45 thousand for 14.0% annual interest, 3 years (Native Currency: BDT 300,000)
Reason: The loan will help me expand and buy some new goods to make the business more profitable.
Collateral Available: USD 4.1 thousand
Includes physical assets worth USD 11.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Trade Licences
Business Card
Photos of shop
Business Overview
- Business is in Muktagacha and employs 4 permanent individuals to provide a wide range of event services, including decorations, sound systems, and cameras for special winter seasons and various religious events. The user hires workers on contract for bigger events.
- Business caters to a diverse clientele, including mahfils, weddings, cultural events, Hindu religious events, picnics, sports, political programs, educational programs, birthdays, reunions, and various anniversaries.
- On average, the business handles 10-12 events per month, with a notable increase during the winter season when there are ceremonies every day, particularly during the flowering period.
- The business is equipped to handle a high volume of events, with some days seeing three or four programs.
- Owner operates with a valid trade license, ensuring compliance with local regulations and allowing for continued operations.
-Consistent demand for services, particularly during specific seasons, underscores the business's potential for steady revenue generation.
- The diverse range of events served reflects the business's adaptability and ability to meet the needs of various clienteles, potentially positioning it for continued growth and expansion.
Products & Services Overview
We provide services at all events. Especially in winter and various religious occasions, I rent everything necessary including decoration, sound system, camera. Common people and all kinds of organizations use our goods on any occasion including weddings, meetings, birthdays, anniversaries, seminars, sports, cultural programs.
Assets Overview
The business owns decoration goods, boxes, mics, cameras, projectors, generators, lighting equipment, three computers in the shop, printers, photocopiers, printers which have a total value of BDT 14 lakh.
The collateral includes the rental agreement documents which hold the security deposit of BDT 5 lakh.
Facilities Overview
The business operates from rented facilities in 2 different locations.
Stores are used for business contacts to take work orders. The store is in Muktagachha Upazila.
There is a godown where we keep all the goods of the decorator and sound system business.
Capitalization Overview
The business currently has a single owner with 100% proprietorship.
The business currently has a small loan with an NGO with ongoing EMIs.
Recent Activity
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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.
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