Need help?

Kitchen Utensils Business Seeking Loan in Moradabad, India

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

Established 1-5 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 12:11 PM 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
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
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.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

3 Investors already contacted this Business.
Register below to connect now!

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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more