Need help?

Furniture Business Seeking Loan in Chincholi, India

Profitable furniture manufacturer in Chincholi seeks funding to enhance production capacity and meet demand.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 26 thousand
EBITDA Margin 10 - 20 %
Industries Furniture
Locations  Chincholi
Local Time 4:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 32 thousand for 12.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: To boost our production capacity and take our growing business to the next level.
Collateral Available: USD 0
Includes physical assets worth USD 32 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- We are a profitable furniture manufacturing business specializing in custom wood and metal furniture.
- Our product lineup includes everything from sofas and beds to dining tables, wardrobes, and office furniture.
- We cater to a diverse crowd: residential customers, interior designers, offices, and commercial setups.
- We are currently focused on local and regional markets and have built a loyal customer base with repeat clients.
- Our revenue comes from direct manufacturing and sales of customized furniture, allowing for healthy profit margins.
- We work on a made-to-order basis, ensuring each piece meets specific needs.
- We operate with a valid business registration and a trade license from the municipality.
Products & Services Overview
Our product lineup includes everything from sofas and beds to dining tables, wardrobes, and office furniture. Catering to residential customers, interior designers, offices, and commercial setups.
Assets Overview
Tangible assets:
- Stock.
- Raw materials.
- Essential woodworking machinery, including a planer, polishing machines, a square chisel machine, a jigsaw machine, a turning router, and a turning lathe. It is well-organized to efficiently handle cutting, shaping, assembling, and finishing operations.
Facilities Overview
We operate a furniture manufacturing facility with a built-up area of approximately 4,000 sq. ft. (100 ft × 40 ft), housed in a single ground-floor shed structure. The unit is located in Chincholi, Karnataka, offering good transportation access, and the premises are personally owned.
Capitalization Overview
- Sole owner.
- No outstanding loans.
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 viewed this Business this week. 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

    Chat with Us
    Welcome to SMERGERS