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Furniture Business Seeking Loan in Begapalli, India

Furniture manufacturer seeking investment to fulfill ₹7 crore order with 100-piece daily output.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 310 thousand
EBITDA Margin 20 - 30 %
Industries Furniture
Locations  Begapalli
Local Time 1:22 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 210 thousand for 10.0% annual interest, 2 years (Native Currency: INR 20,000,000)
Reason: Seeking funding to execute an INR 7 crore purchase order. Funds will be utilized as working capital... View More
Collateral Available: USD 0
Includes physical assets worth USD 157 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Furniture manufacturing and interior solutions company serving schools, corporate offices and hospitals.
- Manufactures office furniture, modular workstations, steel furniture and customised institutional furniture and interiors.
- Product range includes office chairs, computer tables, meeting tables, executive desks, modular workstations, factory workstations and inspection tables.
- Also provides conference room furniture, classroom furniture and complete school furniture and interior solutions.
- Uses in-house and sourced metal fabrication and PC units as part of its manufacturing setup.
- Serves more than 150 active customers across government departments, resellers and retail shops.
- Approximately 60% of sales are to government departments, 25% through resellers and the balance through retail shops.
- Sales are generated through direct government and retail supply as well as reseller channels.
- Current production capacity is approximately 100 pieces per day, with scope to expand to 250 pieces per day.
- Employs contract staff to support day-to-day manufacturing and operations.
- Promoter brings more than 15 years of experience in furniture manufacturing and institutional supply.
- Holds MCB licence, Udyam registration and GST registration, supporting compliance and eligibility for government contracts.
Products & Services Overview
Office furniture, modular workstations, steel furniture and institutional interiors, serving government departments, schools, hospitals, corporate offices, resellers and retailers.
Assets Overview
Tangible assets:
- Raw material.
- Machinery and equipment.
Facilities Overview
The factory operates on rented land with a total area of 12,000 sq ft.
Capitalization Overview
The business is solely owned by one promoter, with financial facilities including an overdraft of INR 39 lakh and a loan of INR 20 lakh.
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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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