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 236 thousand |
| Run Rate Sales | USD 213 thousand |
| EBITDA Margin | 20 % |
| Industries | Kitchen Utensils |
| Locations | Moradabad |
| Local Time | 2:56 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
236 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: To setup our own production unit.
Collateral Available: USD 47 thousand
Includes physical assets worth
USD
29.5 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.
- 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.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManager, Lucknow, Financial Advisor connected with the Business
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