Furniture Business Seeking Loan in Labasa, Fiji
Established company specializing in home furniture & supply of furniture plywood and components, seeking funding.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 227 thousand |
| Run Rate Sales | USD 227 thousand |
| EBITDA Margin | 10 % |
| Industries | Furniture |
| Locations | Labasa |
| Local Time | 3:47 PM Pacific / Fiji |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.18 million
for
1.0%
annual interest,
12
years
(Native Currency: FJD 2,600,000)
Reason: Seeking funds for expansion of working capital to operate to the fullest capacity and cater to more ...
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Collateral Available: USD 0
Includes physical assets worth
USD
2.04 million
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Business Name
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Business Overview
- Company focused on manufacturing home furniture and supplying furniture plywood, exotic veneer, and furniture components to wholesalers and manufacturers.
- Primarily engaged in serving 12 local clients, with a monthly supply frequency and an average client supply value of FJD 15,000.
- With a current manufacturing capacity utilization of 20%, the company has the potential to generate FJD 3.6 million upon full utilization.
- The company holds a forestry import license for raw materials, indicating its commitment to sourcing quality raw materials for its products.
- Primarily engaged in serving 12 local clients, with a monthly supply frequency and an average client supply value of FJD 15,000.
- With a current manufacturing capacity utilization of 20%, the company has the potential to generate FJD 3.6 million upon full utilization.
- The company holds a forestry import license for raw materials, indicating its commitment to sourcing quality raw materials for its products.
Products & Services Overview
Home furniture with products such as almirah, bed, chair, coffins, dining table set, sofa set, tables and wardrobe. Supplying to local wholesalers.Furniture plywood, exotic veneer, and furniture components. Supplying to other manufacturers.
Assets Overview
Physical assets include land + building is FJD 4.2 million and machinery is worth FJD 0.3 million.
Facilities Overview
Operating from own facility of 1.5 acres with 2 buildings - commercial and industrial. Located on Muslim College Road, Labasa.
Capitalization Overview
Business is self-funded.Having outstanding bank loans.
Sole proprietorship business.
Recent Activity
-
2 days, 18 hours agoChief Technical Officer, Real Estate Development, London, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
Tags:
Office Furniture Wholesale Business Seeking Loan in Labasa, Fiji
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·Children Furniture Business Seeking Loan in Labasa, Fiji
·Office Furniture Business Seeking Loan in Labasa, Fiji
·Lend to Children Furniture Business in Labasa, Fiji
·Lend to Office Furniture Business in Labasa, Fiji
·Office Furniture Wholesale Business Seeking Loan
·Furniture Business Seeking Loan in Labasa, Fiji
·Lend to Office Furniture Wholesale Business
·Lend to Furniture Business in Labasa, Fiji
·Children Furniture Business Seeking Loan
·Office Furniture Business Seeking Loan
·Lend to Children Furniture Business
·Lend to Office Furniture Business
·Furniture Business Seeking Loan
·Lend to Furniture Business
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