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Kitchen Utensils Business Seeking Loan in Kathmandu, Nepal

Retail and wholesale business seeks investment for copper, brass and bronze utensils and statue factory.

Established 30-40 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 370 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 15 %
Industries Art Galleries + 1 more
Locations  Kathmandu
Local Time 5:37 AM Asia / Kathmandu
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 370 thousand for 10.0% annual interest, 8 years (Native Currency: NPR 50,000,000)
Reason: To open a factory to manufacture copper, brass and bronze utensils and statues.
Collateral Available: USD 0
Includes physical assets worth USD 147 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
Company has served more than 10 lakh customers in Nepal as a retailer.
As a wholesaler, we are supplying to around 50 shops.
We have a revenue of more than INR 5 crores annually.
Now we are planning to open a manufacturing facility which will give us the power to manipulate the market with prices and quality of products so we can gain more market share and increase our revenue by 10 times.
All the goods, products and services are purchased with cash.
We purchase the products directly from multiple manufacturers at the moment.
Business has a GST certificate.
Products & Services Overview
We deal in retail and wholesale of copper, brass and bronze utensils and statues.
Assets Overview
We own a shop and 3 warehouses in Ason.
Have stocks as well.
Facilities Overview
Right now we own 1 shop and 3 warehouses in Ason which is the biggest local market in Nepal.
Capitalization Overview
Business has no debt. All the goods, products and services are purchased with cash.
Business has a single owner.
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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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