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Hardware Store Seeking Loan in Kolkata, India

Dealer and paint applicators seeks funds for advertising and market expansion.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 60 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 15 %
Industries Hardware Stores
Locations  Kolkata
Local Time 5:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 10 years (Native Currency: INR 6,000,000)
Reason: Expansion of business and capital infusion to fight competition, advertising.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 60 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

- Company is operating since 2016, and deals with selling paints of companies such as Berger and Asian Paints. We also take contract for house painting.

- We are authorized dealer for Asian Paints, and have setup a retail outlet for selling our products. The footfall at our outlet is close to 500 customers per month, with 5 to 10 contracts for house painting.

- Since competition in this industry is very high, we are working on introducing new business models which would ensure good revenue generation for the company.

- Promoters have more than 7 years of experience as paint dealers, and are seeking funds to infuse into marketing and advertising activity.

Products & Services Overview

- Retail and Institutional sale of product related to paints.

- Job oriented service where work is carried out on a contractual basis.

Facilities Overview

Rented premises. Shop area of 400 Sq. Ft. and godown area of 600 Sq. Ft. on ground floor.

Capitalization Overview
Not Disclosed
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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