Event Management Business Seeking Loan in Visakhapatnam, India
8-year-old well-established event management company with 8 employees seeks business loan.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 15.7 thousand |
| Run Rate Sales | USD 6.7 thousand |
| EBITDA Margin | 28 % |
| Industries | Event Management |
| Locations | Visakhapatnam |
| Local Time | 1:08 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
11.2 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 1,000,000)
Reason: To boost business by going online and getting more customers.
Collateral Available: USD 4.5 thousand
Includes physical assets worth
USD
13.4 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
EDP Training Certificate
(548.7 KB)
MSME Certificate
(289.0 KB)
Business Overview
- Event management company that organizes all kinds of events within the customer's budget.
- We are involved in this business for more than 8 years now and the company holds a good reputation in the market for the same.
- We have served hundreds of customers and their satisfaction rating is above par.
- Before Covid, the business was easily generating revenue of INR 20-25 lakhs.
- We also have some part-time employees who help us during the big events.
- Our goal is to make events & wedding management go online where anyone can book, plan, their events on fingertips and we are seeking loans for the same.
- We are involved in this business for more than 8 years now and the company holds a good reputation in the market for the same.
- We have served hundreds of customers and their satisfaction rating is above par.
- Before Covid, the business was easily generating revenue of INR 20-25 lakhs.
- We also have some part-time employees who help us during the big events.
- Our goal is to make events & wedding management go online where anyone can book, plan, their events on fingertips and we are seeking loans for the same.
Products & Services Overview
- Wedding planning.- Banquets management.
- Lawns designing.
- Birthdays.
- Engagements.
- Destination wedding planning.
Assets Overview
- We have our own lighting, decoration and various other stuff that is required for the events.- We can not dilute or provide the company assets as collateral as these is not singular solid asset but hundreds of small products and equipment.
Facilities Overview
- We are operating from a rental office of about 900 square feet of area.- Promoters own land and are open to providing that as collateral.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Real Estate And Technology, Hyderabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, Event Management, Visakhapatnam, Individual Investor / Buyer connected with the Business
Tags:
Event Management Business Seeking Loan in Visakhapatnam, India
·Lend to Event Management Business in Visakhapatnam, India
·Event Business Seeking Loan in Visakhapatnam, India
·Event Management Business Seeking Loan in Vizag
·Lend to Event Business in Visakhapatnam, India
·Lend to Event Management Business in Vizag
·Event Management Business Seeking Loan
·Event Business Seeking Loan in Vizag
·Lend to Event Management Business
·Lend to Event Business in Vizag
·Event Business Seeking Loan
·Lend to Event Business
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
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,000+ other businesses of all sizes.
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