Hardware Store Seeking Loan in Scarborough, Trinidad
Tobago’s leading hardware store serving 8,000+ clients with high-quality products, seeking funding for expansion.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.5 million |
| Run Rate Sales | USD 1.5 million |
| EBITDA Margin | 25 % |
| Industries | Hardware Stores |
| Locations | Scarborough |
| Local Time | 8:25 AM America / Port of Spain |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
10 million
for
5.5%
annual interest,
10
years
(Native Currency: USD 10,000,000)
Reason: Seeking funding to expand the store facility to add 3 more floors and partner with a sports agency.
...
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Collateral Available: USD 0
Includes physical assets worth
USD
3.7 million
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Positioned as Tobago's leading hardware and home improvement store, known for delivering high-quality goods and services at competitive prices.
- A robust client base exceeding 8,000, comprising a mix of individual retail customers and construction service contracts.
- Diverse revenue model encompassing retail sales and contracts from construction companies.
- Serves a substantial client base with daily retail transactions ranging from 50 to 60 customers and 10% from contracts.
- Holds a strong B2B presence, collaborating with government agencies and construction companies, predominantly via an associated company, ODN Holdings Ltd.
- Reliable supply chain sourcing from Chinese manufacturers, ensuring competitive pricing and variety in product offerings.
- Recognized for years of contributions to social works programs, with numerous accreditations underscoring its commitment to community aid and development.
- Employs a robust team of 12 permanent staff, supported by temporary and contract workers during peak demand for logistics and construction projects.
- A robust client base exceeding 8,000, comprising a mix of individual retail customers and construction service contracts.
- Diverse revenue model encompassing retail sales and contracts from construction companies.
- Serves a substantial client base with daily retail transactions ranging from 50 to 60 customers and 10% from contracts.
- Holds a strong B2B presence, collaborating with government agencies and construction companies, predominantly via an associated company, ODN Holdings Ltd.
- Reliable supply chain sourcing from Chinese manufacturers, ensuring competitive pricing and variety in product offerings.
- Recognized for years of contributions to social works programs, with numerous accreditations underscoring its commitment to community aid and development.
- Employs a robust team of 12 permanent staff, supported by temporary and contract workers during peak demand for logistics and construction projects.
Products & Services Overview
Top selling are hardware items and home improvement products, catering to individual customers, construction companies, and government agencies for their building and infrastructure projects. These products are used for construction, renovation, and maintenance purposes, serving both public and private sectors.
Assets Overview
Physical assets include land and property which is about 70% and the rest is inventory.
Facilities Overview
Company-owned 2-acre property featuring a property of ground used for retail and storage.Planning to expand to a 4-floor building.
Located in Bacolet, Scarborough.
Capitalization Overview
Self-funded.No outstanding loans.
There are 5 shareholders in the business.
Recent Activity
-
Earlier than 15 daysSenior Associate, Investment Operations, New York City, Financial Institution connected with the Business
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Earlier than 15 daysAffiliate, Financial Consultancy, New York City, Corporate Investor / Buyer connected with the Business
Tags:
Hardware Store Seeking Loan in Scarborough, Trinidad and Tobago
·DIY Store Seeking Loan in Scarborough, Trinidad and Tobago
·Lend to Hardware Store in Scarborough, Trinidad and Tobago
·Lend to DIY Store in Scarborough, Trinidad and Tobago
·Hardware Store Seeking Loan
·DIY Store Seeking Loan
·Lend to Hardware Store
·Lend to DIY Store
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