Kitchen Utensils Business Seeking Loan in Moradabad, India
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 |
- 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.
Copper water dispenser, copper water bottles, copper utensils, kitchenware.
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.
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Earlier than 15 daysVP, Plastic Home Ware Products, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Mumbai, Financial Consultant connected with the Business