Hardware Store Seeking Loan in Kankai, Nepal
Hardware retailer and wholesaler with 100+ clients seeks a business loan.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 20 - 30 thousand |
| Run Rate Sales | USD 25 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Hardware Stores |
| Locations | Kankai |
| Local Time | 6:32 AM Asia / Kathmandu |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
700 thousand
for
12.0%
annual interest,
15
years
(Native Currency: NPR 100,000,000)
Reason: Funds are required to buy a land space and expand the business.
Collateral Available: USD 700 thousand
Includes physical assets worth
USD
140 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Chamber of Commerce Membership
(3.2 MB)
Registration Certificate
(2.2 MB)
Municipal Registration
(3.2 MB)
Business Overview
- Hardware business that deals with building materials, sanitary plywood, mica, color mix, and readymade doors.
- The business has both retail and wholesale operations.
- We have had more than 100 clients of workshops, furniture shops, and construction companies.
- Out of them, 20-25 are wholesale customers and retail customers.
- The company has tie-ups with 10+ suppliers.
- Business experienced a slight decrease in sales the business owner was not well sometime and was not able to manage the business.
- The business has both retail and wholesale operations.
- We have had more than 100 clients of workshops, furniture shops, and construction companies.
- Out of them, 20-25 are wholesale customers and retail customers.
- The company has tie-ups with 10+ suppliers.
- Business experienced a slight decrease in sales the business owner was not well sometime and was not able to manage the business.
Products & Services Overview
Our products include paints, doors, sanitary and plumbing items, plywood, and doors.
Assets Overview
Physical assets include owned shop, furniture, stock of sanitary & plumbing items, paints, and doors.
Facilities Overview
The shop is owned by the company with two floors and an area of 30x60 sq ft. We have a rented warehouse. The facilities are located in the north of the city.
Capitalization Overview
The business is funded by owners' capital. The company has one owner with a 100% stake in the company. The business has a loan of NPR 1 crore.
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,500+ other businesses of all sizes.
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.
You might also be interested in these businesses