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Kitchen Utensils Business Seeking Loan in Lucknow, India

Company that sells steel kitchen appliances and receives 20-30 customers per day seeks a loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 8 %
Industries Kitchen Utensils
Locations  Lucknow
Local Time 3:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 9.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: Funds will be utilized to buy more stock and improve the shop.
Collateral Available: USD 0
Includes physical assets worth USD 18 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview

We started our business by selling cosmetic products at wholesale prices.

This year we started selling steel kitchen appliances and we received a good response.

On average, we receive 30-40 customers per day.

All the products are sourced from Delhi and Mumbai.

Products & Services Overview

Wholesale sales of kitchen items like steel bottles, lunch boxes and kettles.

Assets Overview

Kitchen appliances (stock) worth INR 15 lakhs.

Facilities Overview

400 sqft rented shop with a rent of INR 18k per month.

We are based towards the north of the city.

Capitalization Overview

The company has a sole proprietor and is debt free.

Recent Activity
  • Earlier than 15 days
    Independent Advisor, Hyderabad, Financial Consultant 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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