↩ Go Back
Need help?

Home Appliances Business Seeking Loan in Siliguri, India

Business dealing in kitchen and home appliances, located in Siliguri seeking loan.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 21.4 thousand
EBITDA Margin 10 - 20 %
Industries Home Appliances + 1 more
Locations  Siliguri
Local Time 8:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 21.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: We want to establish our e-commerce brand and start exporting our products.
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 12 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
We have been in the market since 2008. We deal in kitchen and home appliances.
Our business has tie-ups with more than 100 merchants as a B2B partner.
We deal in 5 major brands which are the industry leaders of manufacturing home and kitchen products. These brands are Milton, Prestige, Pigeon, Borosil, and Surya.
For more than 3 years we are trading on Amazon & Flipkart as a seller and have achieved good numbers this year.
We are also looking for expansion of our own site by using Google Workplace & Google Analytics. We are trying to establish our own e-commerce brand.
As India is looking and pushing more for exports we as a company want to expand into the same sector.
We have both an export license and are registered as an MSME.
Products & Services Overview
We deal in kitchen and home appliances which include dinner sets, mops, thermos flask, non-stick ranges, bottles, glass ranges, and gas stoves.
Assets Overview
Physical assets include inventory, fixed deposits, and office space.
Facilities Overview
We have 2 acres of land accommodated with 2 floors and 3 acres of land accommodated with 1 floor. The company has a stake of 48% in these lands. Both are warehouses. We also have an office space of 2.75 Katha in Siliguri.
Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more