Furniture Business Seeking Loan in Pune, India
Non-operational furniture manufacturers specializing in high-quality sofas, seeking funding to restart operations and for expansion.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | USD 113 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Furniture |
| Locations | Pune |
| Local Time | 7:11 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
56 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: Seeking funding to restart operations, scale up manufacturing, and fulfill bulk orders efficiently.
...
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Collateral Available: USD 0
Includes physical assets worth
USD
34 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Established furniture manufacturing business with a focus on high-quality sofa production; capable of producing up to 50 sofas monthly, showcasing robust operational potential.
- Plans underway to diversify product line by expanding into cupboard manufacturing, indicating strategic growth and market penetration efforts.
- Business operations currently halted for two months owing to personal and family reasons.
- Additionally, the business does small-scale retail operations involving home and kitchen furnishings for other brands, contributing to a diverse product offering and supplementary income stream.
- Majority of revenue generated from the production and sale of own-manufactured furniture, highlighting strong brand presence and demand in the local market.
- Serving a loyal customer base of 20-25 local retailers and offices per month, reflecting stable market demand and trusted business relationships.
- Fully compliant with GST and tax regulations, ensuring legal and financial accountability and positioning the business as a trustworthy investment opportunity.
- Plans underway to diversify product line by expanding into cupboard manufacturing, indicating strategic growth and market penetration efforts.
- Business operations currently halted for two months owing to personal and family reasons.
- Additionally, the business does small-scale retail operations involving home and kitchen furnishings for other brands, contributing to a diverse product offering and supplementary income stream.
- Majority of revenue generated from the production and sale of own-manufactured furniture, highlighting strong brand presence and demand in the local market.
- Serving a loyal customer base of 20-25 local retailers and offices per month, reflecting stable market demand and trusted business relationships.
- Fully compliant with GST and tax regulations, ensuring legal and financial accountability and positioning the business as a trustworthy investment opportunity.
Products & Services Overview
Manufacturing high-quality sofas, catering primarily to local retailers and office spaces. Plans are in place to expand into cupboard manufacturing, broadening the product line and market reach. In addition to its own furniture production, the business also engages in small-scale retail operations, offering home and kitchen furnishings from other brands.
Assets Overview
Physical assets include manufacturing equipment and raw materials.
Facilities Overview
Operating from a rented manufacturing facility of 950 sq ft, located in Saswad, Pune. Rent is INR 28k/month.
Capitalization Overview
There are 2 partners in the business.Having outstanding bank loans.
Recent Activity
-
Earlier than 15 daysDirector, Education, Bengaluru, Individual Investor / Buyer connected with the Business
Tags:
Office Furniture Wholesale Business Seeking Loan in Pune, India
·Lend to Office Furniture Wholesale Business in Pune, India
·Children Furniture Business Seeking Loan in Pune, India
·Office Furniture Business Seeking Loan in Pune, India
·Lend to Children Furniture Business in Pune, India
·Office Furniture Wholesale Business Seeking Loan
·Lend to Office Furniture Business in Pune, India
·Furniture Business Seeking Loan in Pune, India
·Lend to Office Furniture Wholesale Business
·Lend to Furniture Business in Pune, India
·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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