Hardware Store Seeking Loan in Hanimaadhoo, Maldives
Small hardware shop in Maldives with monthly footfall of 200 customers and steady revenue stream.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 2 - 3 thousand |
| Run Rate Sales | USD 19.4 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Hardware Stores |
| Locations | Hanimaadhoo |
| Local Time | 7:23 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
65 thousand
for
12.0%
annual interest,
3
years
(Native Currency: MVR 1,000,000)
Reason: To improve business and get good profit. We will be using these funds to increase our workforce to m...
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Collateral Available: USD 45 thousand
Includes physical assets worth
USD
4.5 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Location: The business is located at the upper north province in Maldives, catering to the local market and potentially serving the construction needs of the region.
- Business model: The company operates as a small hardware shop, specializing in selling bricks to construction companies, alongside offering construction services.
- Employee strength: Currently, the business is managed by 4 employees, with potential plans to expand the workforce to accommodate a growing demand for construction services.
- Footfall and revenue: The hardware shop experiences a footfall of approximately 200 customers per month, with an average order value of MVR 125, indicating a steady and consistent revenue stream.
- Growth potential: With plans to increase the workforce, the business aims to enhance its capacity to undertake more construction projects simultaneously, thereby potentially increasing its revenue and market presence.
- Market position: The company has established itself as a successful player in the local hardware and construction industry, maintaining a steady customer base and revenue stream.
- Expansion opportunity: The business has the potential for growth and expansion, particularly by diversifying its product offerings, enhancing its construction services, and potentially exploring new markets within the Maldives or beyond.
- Operational efficiency: Efforts to increase the workforce and streamline operations can contribute to maintaining the company's competitive edge and.
- Business model: The company operates as a small hardware shop, specializing in selling bricks to construction companies, alongside offering construction services.
- Employee strength: Currently, the business is managed by 4 employees, with potential plans to expand the workforce to accommodate a growing demand for construction services.
- Footfall and revenue: The hardware shop experiences a footfall of approximately 200 customers per month, with an average order value of MVR 125, indicating a steady and consistent revenue stream.
- Growth potential: With plans to increase the workforce, the business aims to enhance its capacity to undertake more construction projects simultaneously, thereby potentially increasing its revenue and market presence.
- Market position: The company has established itself as a successful player in the local hardware and construction industry, maintaining a steady customer base and revenue stream.
- Expansion opportunity: The business has the potential for growth and expansion, particularly by diversifying its product offerings, enhancing its construction services, and potentially exploring new markets within the Maldives or beyond.
- Operational efficiency: Efforts to increase the workforce and streamline operations can contribute to maintaining the company's competitive edge and.
Products & Services Overview
Selling bricks to other construction companies. and construction works.
Assets Overview
Tangible assets:- 2 brick machines.
- 1 concrete machine.
- Stock of hardware products.
Facilities Overview
At the moment I have a 19*18 feet rented shop. But we have 3,000 sq ft of land owned by the promoter. With the right funding, we aim to open the shop on that land at some point.
Capitalization Overview
Do not have any loan at the moment. and I'm my company there is no shareholder. This is 100% my company.
Tags:
Hardware Store Seeking Loan in Hanimaadhoo, Maldives
·DIY Store Seeking Loan in Hanimaadhoo, Maldives
·Lend to Hardware Store in Hanimaadhoo, Maldives
·Lend to DIY Store in Hanimaadhoo, Maldives
·Hardware Store Seeking Loan
·DIY Store Seeking Loan
·Lend to Hardware Store
·Lend to DIY Store
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