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Kitchen Utensils Business Seeking Loan in Moradabad, India

UP based niche category business producing metal handcrafted items seeks loan for expansion.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 18.7 thousand
Run Rate Sales USD 21 thousand
EBITDA Margin 20 %
Industries Kitchen Utensils
Locations  Moradabad
Local Time 9:16 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 14 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,200,000)
Reason: We want to expand our business and purchase some machinery to increase our production capacity.
Collateral Available: USD 580
Includes physical assets worth USD 1.75 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
Company Logo
Visiting Card
Business Overview
- Established manufacturer and exporter specializing in metal handcrafted decorative items, positioned in Moradabad, a city renowned for its skilled metalwork.
- Product portfolio focuses on intricately designed dining products such as metal plates, cutlery, serving trays, napkin rings, and holders, meeting daily household needs.
- Business can make 500+ units monthly.
- Achieves commendable monthly revenue of approximately INR 150,000, indicating a strong and consistent demand for its offerings.
- Online presence on reputable e-commerce platforms including Amazon and Flipkart, enhancing visibility and accessibility.
- Operates with a lean workforce of 10 craftsmen, required for production of handcrafted products.
- Positioned within the niche sector of handcrafted products.
- Harnesses the cultural heritage of Moradabad’s metalworking skills to deliver exquisite and functional metal handiwork, addressing both aesthetic and practical consumer needs.
- Business has a GST certificate.
Products & Services Overview
We manufacture metal handcrafted items, this includes dining products like metal plates, cutlery, serving trays, napkin rings, napkin holders and decoration ornaments. Top selling category is the dining products. Our customers include individuals who use our products for household needs.
Assets Overview
The business owns basic production equipment worth INR 1.5 lakh.
The business operates from a privately owned office in Moradabad which is currently valued of INR 55 lakh.
Facilities Overview
The business operates from a self-owned property in Moradabad. The property is owned by the company owner.
Capitalization Overview
- Sole proprietorship with a single owner.
- We are using funds from our sales to run the business.
- No loans or debts.
Recent Activity
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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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