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Home Appliances Business Seeking Loan in Siwan, India

Siwan based business trading in household electrical appliances that sells to more than 130 dealers.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 23 %
Industries Home Appliances
Locations  Siwan
Local Time 10:33 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 64 thousand for 24.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: Lack of funds due to current market situation.
Collateral Available: USD 64 thousand
Includes physical assets worth USD 13 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
Business Card
Business Overview

- We trade in household electrical appliances.

- Purchase the products from Lazer India and we are a distributor of their products in 2 districts of Bihar.

- We have also received 3 awards from the company.

- Products are sold to more than 130 dealers in Bihar, and district distributor.

- Owner has 10 years of experience in the electrical appliances trading industry.

- Apart from the inventory, there are no other physical assets.

Products & Services Overview

Trading in household electrical appliances such as electrical fans, iron boxes, mixi, geyser, electric kettle and cooler.

Facilities Overview

Operating out of a home office setup.

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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