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Kitchen Utensils Business Seeking Loan in Moradabad, India

Copper product manufacturing & marketing company that manufactures 50,000 bottles a month.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1 - 2 million
Run Rate Sales USD 1.3 million
EBITDA Margin 10 - 20 %
Industries Household Products + 1 more
Locations  Moradabad
Local Time 6:47 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 60 thousand for 24.0% annual interest, 3 years (Native Currency: INR 5,000,000)
Reason: Promoter is seeking a business loan in order to purchase raw materials and in order to increase the ... View More
Collateral Available: USD 0
Includes physical assets worth USD 60 thousand
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Business Overview

- Manufacturer of copper water bottles that are sold under a trademarked proprietary brand.

- We manufacture about 50,000 pieces / month & have 50 SKUs in the water bottle segment.

- Currently operating with a production capacity of 50% and intend to increase it by 20%.

- In addition to this, we also manufacture copper water dispensers and utensils which are also sold under a proprietary brand.

- The copper bottle segment constitutes a major part of our revenue and contributes about 55% of our B2C sales and the remaining 45% is achieved through B2B wholesalers who are located pan India.

- We have tied up with e-commerce platforms such as Easzymall, Paytm, Flipkart, Amazon, and Naaptol.

- We are also into the resale of copper utensils and kitchenware. However, this does not contribute to our majority sales.

- The wholesalers are usually given a credit period of 2.5 months to pay the transaction amount.

- Physical assets owned by the business include manufacturing equipment, plant, and inventory.

Products & Services Overview

Copper water dispenser, copper water bottles, copper utensils, kitchenware.

Facilities Overview

Owned corporate office with a built-up area of 100 sq. ft. and rented a manufacturing unit of about 500 sq. ft. with a monthly rent of INR 20,000. There is no deposit given and the agreement gets renewed every 11 months. A rent escalation of 5% is expected in the next rental agreement.

Capitalization Overview
Not Disclosed
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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