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 90 thousand |
| Run Rate Sales | USD 70 thousand |
| EBITDA Margin | 23 % |
| Industries | Home Appliances |
| Locations | Siwan |
| Local Time | 8:06 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
60 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 60 thousand
Includes physical assets worth
USD
12 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(502.7 KB)
Business Card
(696.9 KB)
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.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Plumbing, Calgary, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysSr. Manager, Healthcare, Patna, Individual Investor / Buyer connected with the Business
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
104 Investors viewed this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 104,000+ other businesses of all sizes.
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