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Hardware Store Seeking Loan in Salem, India

Tiles and sanitaryware retail outlet in Salem with leading brands and good clients.
This transaction has concluded.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 700 thousand
Run Rate Sales USD 700 thousand
EBITDA Margin 10 %
Industries Construction Supplies + 1 more
Locations  Salem
Local Time 4:08 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 300 thousand for 10.0% annual interest, 7 years (Native Currency: INR 25,000,000)
Reason: Need working capital funds to run the business smoothly.
Collateral Available: USD 0
Includes physical assets worth USD 1.8 million
Business Overview

- Tiles and sanitaryware business running for more than 15 years.

- We sell different types of tiles, floorings, sanitaryware and pipe fittings.

- We have one own showroom cum warehouse in Salem.

- Our clients are leading architects, contractors and builders. Apart from these clients, we receive a daily walk-in of 10-20 customers in total.

- We have a good reputation in the market for our prompt service.

- Products are purchased directly from mining manufacturing companies.

- Have a good relationship with our clients.

- Business owns the land, building and product inventory.

Products & Services Overview

We sell different types of ceramic, vitrified, laminated, wooden floorings, sanitaryware, pipe fittings.

Facilities Overview

Owned facility of 9,000 sq ft with godown and 4,000 sq ft of showroom area. Facility has ground plus first floor.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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This transaction has concluded. View similar business opportunities on SMERGERS
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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