Hardware Store Seeking Loan in Cagua, Venezuela
Venezuela-based wholesale distributor of metal hardware tools, with 500+ clients, seeking investment for expansion.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 95 thousand |
| Run Rate Sales | USD 180 thousand |
| EBITDA Margin | 30 % |
| Industries | Hardware Stores |
| Locations | Cagua |
| Local Time | 9:15 PM America / Caracas |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
55 thousand
for
25.0%
annual interest,
1
year
(Native Currency: USD 55,000)
Reason: After going through the pandemic and knowing the current situation in our country, we can emphasize ...
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Collateral Available: USD 0
Includes physical assets worth
USD
500 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Wholesale distributor of metal hardware tools, based in Venezuela.
- Products include screws, nuts, washers, fasteners, tools and rivets.
- Our business is B2B.
- Have 500+ clients. We supply to automotive and residential real estate construction companies across the country.
- We have seen a significant growth because we have expanded the number of sales representatives nationwide and we are now reaching more cities and towns.
- Products are bought from manufacturers across Venezuela, distributors. A few products are imported from Panama and China.
- Receive between 100 to 120 orders in a month. Order value is $100 for small orders and can go up to $2000.
- The owner has more than 15 years of experience in the hardware distribution market.
- Products include screws, nuts, washers, fasteners, tools and rivets.
- Our business is B2B.
- Have 500+ clients. We supply to automotive and residential real estate construction companies across the country.
- We have seen a significant growth because we have expanded the number of sales representatives nationwide and we are now reaching more cities and towns.
- Products are bought from manufacturers across Venezuela, distributors. A few products are imported from Panama and China.
- Receive between 100 to 120 orders in a month. Order value is $100 for small orders and can go up to $2000.
- The owner has more than 15 years of experience in the hardware distribution market.
Products & Services Overview
Products include screws, nuts, washers, fasteners, tools and rivets.Sold to automotive and residential real estate construction companies.
Fixed in residential houses and vehicles on doors, walls etc.
Assets Overview
Physical assets include inventory and other office equipment.
Facilities Overview
Our current office is rented, located in Cagua, Aragua, Venezuela.We are in the process of building our own headquarters.
Capitalization Overview
The business is self-funded.No outstanding loans or liabilities.
The business has 2 partners.
Currently the business is financed with sales.
Recent Activity
-
Earlier than 15 daysDirector, New York City, Business Broker connected with the Business
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