Furniture Business Seeking Loan in Qrendi, Malta
One man custom furniture manufacturing shop receiving 1-2 orders monthly.
| Established | 40-50 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 47 thousand |
| Run Rate Sales | USD 49 thousand |
| EBITDA Margin | 30 % |
| Industries | Furniture |
| Locations | Qrendi |
| Local Time | 3:18 PM Europe / Malta |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
35 thousand
for
5.0%
annual interest,
5
years
(Native Currency: EUR 30,000)
Reason: To purchase a CNC machine to automate and reduce the time of cutting and drilling cabinets and doors...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
35 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Business was of the owner's father up until the last 2 years.
- The son took over then and has been growing out since then starting basically from scratch with brand new clients.
- We receive 1-2 orders monthly.
- We have three designers and architects who regularly pass on clients to us plus am getting new leads via recommendations and social media.
- The son took over then and has been growing out since then starting basically from scratch with brand new clients.
- We receive 1-2 orders monthly.
- We have three designers and architects who regularly pass on clients to us plus am getting new leads via recommendations and social media.
Products & Services Overview
Custom made kitchens, bedrooms and loose furniture.Wall panelling with concealed doors within.
Internal Doors.
Furniture repair.
Assets Overview
Isuzu van.Edge bander.
Sliding panel saw.
Universal combined machine.
Chain mortiser.
5kw fitted dust extraction.
Lots of battery-operated power tools.
Lots of hand tools.
Facilities Overview
At the moment it is on one workshop of 70 square meters split up with a mezzanine of 35 square meters. Then a store measuring 29 square meters in another location. We pay a monthly rent of EUR 2,300.Planning to add another workshop right beside the main workshop in the coming two years once it becomes vacant. The main workshop is a rental within a private industrial estate with a 5-year contract agreement.
Capitalization Overview
- At the moment it is all funded by own money.- We have 15,000€ of pending VAT from the previous three years which are partly deferred taxes due to COVID.
Recent Activity
-
Earlier than 15 daysOwner, Furniture Manufacturer, Jodhpur, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Investments, Mdina, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Stuttgart, Business Broker connected with the Business
Tags:
Office Furniture Wholesale Business Seeking Loan in Qrendi, Malta
·Lend to Office Furniture Wholesale Business in Qrendi, Malta
·Children Furniture Business Seeking Loan in Qrendi, Malta
·Office Furniture Business Seeking Loan in Qrendi, Malta
·Lend to Children Furniture Business in Qrendi, Malta
·Lend to Office Furniture Business in Qrendi, Malta
·Furniture Business Seeking Loan in Qrendi, Malta
·Office Furniture Wholesale Business Seeking Loan
·Lend to Furniture Business in Qrendi, Malta
·Lend to Office Furniture Wholesale Business
·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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