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Home Appliances Business Seeking Loan in Bangalore, India

Bangalore based store located on a main road, selling solar products and kitchen appliances.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 60 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 20 %
Industries Home Appliances + 1 more
Locations  Bangalore
Local Time 10:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 10 years (Native Currency: INR 5,000,000)
Reason: To expand our offerings of solar products.
Collateral Available: USD 70 thousand
Includes physical assets worth USD 4 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- Run a retail shop in Bangalore selling solar products and kitchen appliances.

- Primarily sell solar water heaters and kitchen chimneys.

- We are the authorized distributors for Prince Solar Systems.

- We also sell products from other brands like Faber.

- Seeking a loan in order to expand the product range.

- We want to import and sell solar products like solar street lights, home lighting systems and PV Modules.

- Tangible assets under the business primarily includes inventory.

Products & Services Overview

Solar Water Heater, Kitchen Chimneys, Gas Hobs, Electric Geysers and Other Kitchen Appliances.

Facilities Overview

800 sq. ft. store on the ground floor. Rent - INR 33,000 / -

Recent Activity
  • Earlier than 15 days
    Proprietor, Bangalore, Financial Advisor connected with the Business
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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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