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Home Appliances Business Seeking Loan in Chennai, India

Manufacturer of home appliances at our own manufacturing unit under our brand name.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 150 thousand
Run Rate Sales USD 150 thousand
EBITDA Margin 9 %
Industries Home Appliances
Locations  Chennai
Local Time 9:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 11.0% annual interest, 5 years (Native Currency: INR 2,700,000)
Reason: To expand our manufacturing unit.
Collateral Available: USD 0
Includes physical assets worth USD 46 thousand
Name, Phone, Email
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Business Name
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Business Overview

- 2016 established company manufacturing home appliances like LPG stove, induction stove and emergency light.

- We have our manufacturing unit and we sell the products under our own brand.

- We import half of the raw materials required from China.

- On a monthly basis we manufacture 1,500 units of induction stove and 1,200 units of LPG stove.

- We have 120 counters in Tamil Nadu where we sell our products.

- Promoter has an industry experience of 20 years.

Products & Services Overview

LPG stoves, Induction stoves, Emergency lights.

Facilities Overview

Manufacturing unit of 2,500 Sq Ft on lease.

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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