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Import / Export Business Seeking Loan in Bangalore, India

Commodity trading business with plans to launch an ayurvedic wellness app vertical seeks funding.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 120 thousand
Run Rate Sales USD 130 thousand
EBITDA Margin 9 %
Industries Mobile Apps + 1 more
Locations  Bangalore
Local Time 2:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 50 thousand for 8.0% annual interest, 5 years (Native Currency: INR 4,000,000)
Reason: Funds are required for app development, launch, and purchase of equipment for treatment. We are als... View More
Collateral Available: USD 0
Includes physical assets worth USD 12 thousand
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Business Name
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User Verification
Business Overview

- Business involved in the trading of commodities with plans to launch a wellness and treatment app.

- The app which we plan to launch has huge potential since it provides home services related to health and fitness.

- We have surveyed the market and our target audience is currently looking for such services.

- Project plan for the app has been prepared, and website development is underway.

- The app would provide access to ayurvedic therapy and home-based treatment.

- Revenue will be earned through the provision of home-based ayurvedic treatment. This would be through an in-house team of practitioners.

- The treatment cost has been set at INR 1,500 per hour and the COGS is projected at INR 500.

- We also plan to earn revenue through a 10%-15% commission on consultations.

- The promoter has a team of four doctors who are helping with the development of this project.

Products & Services Overview

Home service of treatments, rejuvenation related to health and fitness.

Assets Overview

Physical assets owned include the office equipment.

Facilities Overview

Rented office of 1,200 sq. ft. built-up area in Bangalore, Karnataka.

Recent Activity
  • Earlier than 15 days
    Managing Director, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Bangalore, Business Broker connected with the Business
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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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