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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 22 thousand
EBITDA Margin 10 - 20 %
Industries Home Appliances + 1 more
Locations  Siliguri
Local Time 9:05 PM 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
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Business Name
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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
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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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