Furniture Store Seeking Loan in Silchar, India
Furniture sales, paper plate and slipper manufacturing business in Assam seeks investment for expansion.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 114 thousand |
| Run Rate Sales | USD 141 thousand |
| EBITDA Margin | 30 % |
| Industries | Furniture Stores |
| Locations | Silchar |
| Local Time | 2:23 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
236 thousand
for
12.0%
annual interest,
10
years
(Native Currency: INR 20,000,000)
Reason: For business expansion and also we want to provide job opportunities for the local people who are st...
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Collateral Available: USD 118 thousand
Includes physical assets worth
USD
236 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(94.9 KB)
Business Overview
- Business with own furniture retail shop, disposal paper items manufacturing facility and slipper making set-up.
- Our facility is located close to the main marketplace so it is easy to sell our products.
- We procure all the required items and raw materials from within the city.
- On a daily basis, we receive 2-3 customers for furniture.
- We produce 30-40 bags of plates and 200 pairs of footwear per day.
- Finished products are sold to 5-6 wholesalers, retail stores, distributors, traders.
- Footwear, disposable plate and furniture sale all generate roughly equal revenue.
- We have more demand in the market but we are unable to manufacture as per the demand.
- Promoter is a software engineer with 10 years of experience in marketing, sales, software development and manufacturing.
- Our facility is located close to the main marketplace so it is easy to sell our products.
- We procure all the required items and raw materials from within the city.
- On a daily basis, we receive 2-3 customers for furniture.
- We produce 30-40 bags of plates and 200 pairs of footwear per day.
- Finished products are sold to 5-6 wholesalers, retail stores, distributors, traders.
- Footwear, disposable plate and furniture sale all generate roughly equal revenue.
- We have more demand in the market but we are unable to manufacture as per the demand.
- Promoter is a software engineer with 10 years of experience in marketing, sales, software development and manufacturing.
Products & Services Overview
- Retailer and wholesaler of office and home furniture.- Manufacturer of disposal paper plates, cups and bowls.
- Manufacturer of slippers/sandals for men.
Assets Overview
- Machinery and equipment to manufacture plates, slippers and furniture, inventory of raw materials and finished products.- Specifics of the machinery are 3 semi hydraulic paper plate machines, 1 manual slipper making machine.
- Land and property of 500 square feet.
Facilities Overview
Business is situated at promoter's own house and has a dedicated space of 500 sq ft as a workshop cum showroom.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Ahmedabad, Business Broker connected with the Business
-
Earlier than 15 daysVP, Kanika Investment Limited, Noida, Financial Institution connected with the Business
-
Earlier than 15 daysDirector, Patna, Financial Consultant connected with the Business
Tags:
Furniture Retailer Seeking Loan in Silchar, India
·Furniture Store Seeking Loan in Silchar, India
·Furniture Shop Seeking Loan in Silchar, India
·Lend to Furniture Retailer in Silchar, India
·Lend to Furniture Store in Silchar, India
·Lend to Furniture Shop in Silchar, India
·Furniture Retailer Seeking Loan
·Furniture Store Seeking Loan
·Furniture Shop Seeking Loan
·Lend to Furniture Retailer
·Lend to Furniture Store
·Lend to Furniture Shop
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