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Kitchen Appliances Business Seeking Loan in Mumbai, India

Assembler and trader of gas stoves with 115 units sold till date is seeking loan for expansion.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 30 thousand
EBITDA Margin 20 - 30 %
Industries Kitchen Appliances
Locations  Mumbai
Local Time 6:00 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 25 thousand for 10.0% annual interest, 2 years (Native Currency: INR 2,000,000)
Reason: To expand our trading business.
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview

- Involved in the assembly and trade of gas stoves.

- Have sold 115 units till date. We have 2 primary suppliers and the third one is in the pipeline.

- The business has tied up with 9 dealers.

- Have one sales executive for off-line sales and promotion.

- Promoter has over 12 years of experience in this particular industry i. e. gas stove manufacturing and trading.

Products & Services Overview

We assemble and trade gas stoves with our clients.

Assets Overview

Owned warehouse with an area of 350 square feet.

Facilities Overview

The business owns a warehouse at Sangamner with an area of 350 square feet.

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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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