Home Appliances Business Seeking Loan in Santiago, Chile
Online retail business specializing in home appliances, seeking funding to expanding into the US market.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Other |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 1.6 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Home Appliances |
| Locations | Santiago |
| Local Time | 4:52 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
5.2 million
for
11.0%
annual interest,
2
years
(Native Currency: USD 5,207,824)
Reason: Last year, the company sales growth was almost >500% and now we have the opportunity to keep expandi...
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Collateral Available: USD 0
Includes physical assets worth
USD
500 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Domain-Verification.pdf
(213.8 KB)
Business Overview
- The business operates in the online retail market, specializing in home appliances.
- The company's revenue is primarily generated from marketplaces with instant payment options, and it maintains a dedicated marketing team to promote products on social networks.
- Products are sourced from Chinese manufacturers, and the customer base is mainly located in Chile, with 25% of sales originating from the company's own physical store and website, and the remaining from popular marketplaces in Latin America such as Amazon, Falabella, Ripley. com, Mercado Libre etc.
- The business has initiated expansion efforts into the US market, with a focus on Amazon and Walmart as key platforms for growth.
- The company's strategic focus is on attracting customers seeking quality products at competitive prices.
- The business has established strong relationships with major retailers and has a proven track record of successful sales and marketing efforts in the retail sector.
- There are 12 permanent employees, who are sufficient to manage the business operations, logistics personnel are outsourced.
- Business has all the necessary licenses, including the business registration and import-export license.
- The promoter is currently in the US, but the business is headquartered in Chile.
- The company's revenue is primarily generated from marketplaces with instant payment options, and it maintains a dedicated marketing team to promote products on social networks.
- Products are sourced from Chinese manufacturers, and the customer base is mainly located in Chile, with 25% of sales originating from the company's own physical store and website, and the remaining from popular marketplaces in Latin America such as Amazon, Falabella, Ripley. com, Mercado Libre etc.
- The business has initiated expansion efforts into the US market, with a focus on Amazon and Walmart as key platforms for growth.
- The company's strategic focus is on attracting customers seeking quality products at competitive prices.
- The business has established strong relationships with major retailers and has a proven track record of successful sales and marketing efforts in the retail sector.
- There are 12 permanent employees, who are sufficient to manage the business operations, logistics personnel are outsourced.
- Business has all the necessary licenses, including the business registration and import-export license.
- The promoter is currently in the US, but the business is headquartered in Chile.
Products & Services Overview
Product categories include:- Kitchen: kitchen kits, countertops, ovens etc.
- Bathroom: taps, toilets etc.
- Home appliances: vacuum cleaner.
- Heating: electric stove heater.
Top selling are vacuum cleaners and hand blenders.
Well established in the Chile market - 25% of sales from the company's physical store and website, and the remaining from popular marketplaces in Latin America such as Amazon, Falabella, and Ripley. com, mercado libre etc.
Have started in the US with Amazon and Walmart.
Assets Overview
Physical assets include inventory, office, store equipment, vehicles etc.
Facilities Overview
Rented facility of 1 floor, showroom, warehouse and office space.Located in Av. Italia, Ñuñoa.
Capitalization Overview
There is one owner holding 100% shares in the business.Debts are only short term credit lines for import of products.
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