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Furniture Business Seeking Loan in Mumbai, India

Company sells commercial office modular furniture and now plans to start a manufacturing unit.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 173 thousand
Run Rate Sales USD 210 thousand
EBITDA Margin 35 %
Industries Furniture
Locations  Mumbai
Local Time 4:36 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 35 thousand for 12.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: Seek to develop our own manufacturing unit in order to grow the business.
Collateral Available: USD 11.6 thousand
Includes physical assets worth USD 29 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- We are involved in the sale and trade of modular furniture for commercial and office spaces.
- Our focus is mainly in Mumbai and Pune. We have more than 48 multinational clients.
- We have around 8 to 10 suppliers from whom we source the products from.
- All the products are customized and sourced according to client requirements on an order basis.
- Partners have more than 15 years of experience in the field of modular furniture.
- We seek to start our own manufacturing plant in order to grow the company.
- Our website is currently under development.
Products & Services Overview
Office modular furniture, chairs, office lounge furniture.
Assets Overview
Our main assets are furniture, stock and office equipment.
Facilities Overview
Rented property of 4,500 square feet in Navi Mumbai.
Capitalization Overview
Not Disclosed
Recent Activity
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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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