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Gifting Business Seeking Loan in Jodhpur, India

Seeking loan: Gifting business offering cakes, flowers, and gifts, with a customer base of 8,000+

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 10 thousand
Run Rate Sales USD 27 thousand
EBITDA Margin 40 %
Industries Gifting
Locations  Jodhpur
Local Time 10:08 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 6 thousand for 15.0% annual interest, 2 years (Native Currency: INR 500,000)
Reason: Need funds for marketing and branding. Since marketing expenses are high business requires funds to ... View More
Collateral Available: USD 500
Includes physical assets worth USD 600
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Business Overview

- Business delivers products all over India.

- Operates with a network of 70-40 vendors across India.

- The main customer base primarily consists of South Indian customers.

- Utilizes Instagram and Facebook as the primary sales channels.

- Manages own delivery personnel and maintains agreements with vendors for direct delivery.

- Promoter has over 7 years of experience in the industry.

- Workforce comprises 1 manager and 1 supervisor.

- Achieved high sales through the implementation of a new marketing strategy.

- The business has fostered strong relationships with 8,000+ customers, resulting in valuable learning experiences and customer loyalty.

Products & Services Overview

- Online booking and delivery services for cakes, flowers, and gifts.

- Target customer demographic primarily comprises young individuals seeking to send gifts.

- Bestselling products include cakes and flowers.

Assets Overview

The physical assets of the business include:

Inventory.

Facilities Overview

We currently work from home. Business has no facility.

Capitalization Overview

- The business is presently funded on a daily basis through incoming orders.

- With only an INR 3 lakh loan, the business owner seeks to expand the venture.

- The loan carries an interest rate of 12% per annum.

- The business is entirely owned by a single individual, with a 100% ownership stake.

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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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