Furniture Store Seeking Loan in Lucknow, India
Furniture and decor retailers seeking funds to establish more showrooms.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 600 thousand |
| Run Rate Sales | USD 1 million |
| EBITDA Margin | 40 % |
| Industries | Furniture Stores + 1 more |
| Locations | Lucknow |
| Local Time | 10:25 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
600 thousand
for
15.0%
annual interest,
2
years
(Native Currency: INR 50,000,000)
Reason: Planning to set up 2 more showrooms for which we need funding.
Collateral Available: USD 360 thousand
Includes physical assets worth
USD
36 thousand
Documents
ROC-Verification.pdf
(59.7 KB)
Business Overview
- Our company does retail sales of furniture, interior decor and household items. We also take orders for custom furniture and interior decor.
- Have a network of fabricators who supply us the inventory and also work on custom orders. Most of our revenue is generated through furniture retailing.
- We see around 80 customer visits per month at our showroom. Godown is located close to the showroom to ensure quick and easy access. Have vehicles to deliver goods at customer's location.
- We are seeking funds to establish 2 more showrooms in Lucknow and expand our customer base,
Products & Services Overview
Home furnishings, interior decor and household items.
Facilities Overview
8,380 Sq. Ft. Showroom and 1,500 Sq Ft Godown. Both are rented.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, New Delhi, M&A Advisor connected with the Business
-
Earlier than 15 daysOwner, Lucknow, Financial Advisor connected with the Business
-
Earlier than 15 daysManager, Lucknow, Financial Advisor connected with the Business
Tags:
Home Furnishing Shop Seeking Loan in Lucknow, India
·Furniture Retailer Seeking Loan in Lucknow, India
·Furniture Store Seeking Loan in Lucknow, India
·Lend to Home Furnishing Shop in Lucknow, India
·Furniture Shop Seeking Loan in Lucknow, India
·Lend to Furniture Retailer in Lucknow, India
·Lend to Furniture Store in Lucknow, India
·Lend to Furniture Shop in Lucknow, India
·Home Furnishing Shop Seeking Loan
·Furniture Retailer Seeking Loan
·Furniture Store Seeking Loan
·Lend to Home Furnishing Shop
·Furniture Shop Seeking Loan
·Lend to Furniture Retailer
·Lend to Furniture Store
·Lend to Furniture Shop
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