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Furniture Store Seeking Loan in New Delhi, India

Business that imports teak wood and furniture products and sells in India seeks funding.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 8.6 thousand
Run Rate Sales USD 8.9 thousand
EBITDA Margin 10 %
Industries Furniture Stores + 1 more
Locations  New Delhi
Local Time 12:34 AM Asia / Jakarta
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3.1 thousand for 10.0% annual interest, 10 years (Native Currency: IDR 50,000,000)
Reason: We started the business on a small scale in Indonesia and now want to expand it by procuring more it... View More
Collateral Available: USD 620
Includes physical assets worth USD 620
Interested to connect with advisors
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Business Name
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User Verification
Business Overview
- We are an import export company based in Jakarta Indonesia.
- We deal in importing top quality teak wood furniture, ceramics and other finished goods used in household products from Indonesia and sell them in Delhi, India.
- Business is registered in Indonesia. Yet to be registered in India. Stake will be given in the entire company.
- Promoter is an NRI in Indonesia. One of the relatives is in India to look after the operations.
- Our clients are individuals, house owners and businesses.
Products & Services Overview
Import and sale of wooden furniture, household articles, ceramic and glass.
Assets Overview
Furniture, fixtures and office usable items in office.
Facilities Overview
We are in the process of setting up office space in India.
We have a home office in Indonesia.
Capitalization Overview
Sole owner business with a relative as a partner.
No outstanding debts.
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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