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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 26.3 thousand
EBITDA Margin 0 - 10 %
Industries Hardware Stores
Locations  Kankai
Local Time 9:16 AM Asia / Kathmandu
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 730 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 730 thousand
Includes physical assets worth USD 146 thousand
Interested to connect with advisors
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Business Name
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Documents
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.
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
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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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