Home Appliances Company Seeking Loan in Manta, Ecuador
Ecuador-based retailer and wholesaler of household appliances and spare parts, seeks funding for expansion.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 3 - 4 million |
| Run Rate Sales | USD 3.6 million |
| EBITDA Margin | 30 % |
| Industries | Home Appliances + 1 more |
| Locations | Manta |
| Local Time | 12:45 PM America / Guayaquil |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
3 million
for
15.0%
annual interest,
5
years
(Native Currency: USD 3,000,000)
Reason: The company is in the process of expanding within Manabí and to other regions of the country, with f...
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Collateral Available: USD 1 million
Includes physical assets worth
USD
500 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- The business operates in the retail industry, specifically focusing on the distribution of white line spare parts, and other household appliances.
- Located in Manta, the company serves a diverse customer base, providing both retail services directly to the public and wholesale distribution to other retailers across the country.
- With over 50,000 clients served nationwide since inception, the company prides itself on delivering exceptional customer service both in-store and through digital channels.
- The primary revenue driver is wholesale distribution, where the company supplies products to ~100+ retail distributors in various provinces, extending its market reach.
- Products are sourced directly from importers, with a strong emphasis on quality and cost-effectiveness, particularly from the leading importer in the country.
- The business employs 25 permanent staff members to manage operations, while logistics services are outsourced to ensure efficient delivery processes.
- Business is registered in Ecuador, no industry specific licenses or certifications are required.
- Located in Manta, the company serves a diverse customer base, providing both retail services directly to the public and wholesale distribution to other retailers across the country.
- With over 50,000 clients served nationwide since inception, the company prides itself on delivering exceptional customer service both in-store and through digital channels.
- The primary revenue driver is wholesale distribution, where the company supplies products to ~100+ retail distributors in various provinces, extending its market reach.
- Products are sourced directly from importers, with a strong emphasis on quality and cost-effectiveness, particularly from the leading importer in the country.
- The business employs 25 permanent staff members to manage operations, while logistics services are outsourced to ensure efficient delivery processes.
- Business is registered in Ecuador, no industry specific licenses or certifications are required.
Products & Services Overview
Top-selling products include washing machine parts, air conditioners, stoves, blenders, refrigerators, and water heaters, which are sold to both individual households and retail distributors across Ecuador.
Assets Overview
Physical assets include the warehouse facility and inventory.The promoter is pledging their personal property worth $1 million as collateral.
Facilities Overview
Operating from a company-owned warehouse and retail store in Manta.
Capitalization Overview
Having $50,000 in bank loans and $65,000 owed to suppliers. The company has three shareholders, each holding a 33.33% stake.
Recent Activity
-
4 days, 10 hours agoBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
Tags:
Consumer Electronics Retailer Seeking Loan in Manta, Ecuador
·Lend to Consumer Electronics Retailer in Manta, Ecuador
·Home Appliances Company Seeking Loan in Manta, Ecuador
·Home Appliance Shop Seeking Loan in Manta, Ecuador
·Lend to Home Appliances Company in Manta, Ecuador
·Electronics Store Seeking Loan in Manta, Ecuador
·Lend to Home Appliance Shop in Manta, Ecuador
·Lend to Electronics Store in Manta, Ecuador
·Consumer Electronics Retailer Seeking Loan
·Lend to Consumer Electronics Retailer
·Home Appliances Company Seeking Loan
·Home Appliance Shop Seeking Loan
·Lend to Home Appliances Company
·Electronics Store Seeking Loan
·Lend to Home Appliance Shop
·Lend to Electronics Store
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