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Kitchen Utensils Business Seeking Loan in Moradabad, India

Company selling kitchenware, home decor and copper utensils seeks to set up own manufacturing unit.

Established 30-40 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 250 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 20 %
Industries Kitchen Utensils
Locations  Moradabad
Local Time 9:57 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 250 thousand for 12.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: To setup our own production unit.
Collateral Available: USD 50 thousand
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Our company sells kitchenware and home decor items under our own brand name by having our products manufactured by contract manufacturers.

- We have tied up with close to 80 cottage industries locally, who produce our products based on customer orders.

- Customers are mostly organized retailers such as Big Bazaar, Star Bazaar and Mega Mart, who request our products regularly. Once we receive products that are ready, we test, package and distribute them to client's location.

- Looking to setup our own manufacturing unit, which would help us in increase the turnaround time for our orders, and also help in increasing the revenue prospects of the company.

Products & Services Overview

Home decor, kitchen utensils, copper drink-ware.

Facilities Overview

Own property, 15,000 Sq ft, ground and first floor.

Recent Activity
  • Earlier than 15 days
    Manager, Lucknow, Financial Advisor 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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