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Kitchen Appliances Business Seeking Loan in New Delhi, India

Manufacturers of kitchen appliances with a capacity of 1 lakh units/month and 50% utilization seeks-loan.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 28.5 thousand
Run Rate Sales USD 28.5 thousand
EBITDA Margin 20 %
Industries Kitchen Appliances
Locations  New Delhi
Local Time 8:04 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 24 thousand for 12.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: Need loan for working capital purposes. Since all our company assets are illiquid we need external f... View More
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
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Business Name
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Business Overview
- Manufacturer of three burner, two burner, and single burner gas stoves, directly supplying to distributors.
- Located in New Delhi, operating within the kitchen appliances industry.
- A team of 12 employees ensures smooth and scalable operations. We require these employees when we utilize maximum capacity.
- Serving five distributor clients under a B2B business model, focused on wholesale and bulk orders.
- Currently profitable and seeking additional funding to support working capital for growth and expansion.
- Positioned to capitalize on the growing demand for kitchen appliances in the Indian market.
- Manufacturing capacity of 1 lakh units per month, with current production at 50,000 units.
- Promoter has 30 years of industry experience, bringing extensive expertise to the business.
- Udyam and GST registered, ensuring compliance with industry regulations.
Products & Services Overview
- The product lineup includes the 3 burner gas stove, two and domestic 1 burner glass top gas stove.
- Bestseller is our 2 burner gas stoves.
- B2B transactions through distributors.
Assets Overview
Large and small machineries, furniture, tools and equipment.
Facilities Overview
We have office and factory area of 3,565 sq ft with monthly rent of INR 20,000.
It is located in New Delhi.
Capitalization Overview
The business is self funded and owner has 100% ownership of the business.
The business has a loan of INR 5 lakh, with only INR 1 lakh remaining to be fully repaid.
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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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