Luxury Appliances Company Seeking Loan in Ulaanbaatar, Mongolia
Authorized dealers of several luxury commercial kitchen appliance brands seeking capital to set up an ice-cream chain.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 147 thousand |
| Run Rate Sales | USD 35 thousand |
| EBITDA Margin | 20 % |
| Industries | Luxury Appliances + 1 more |
| Locations | Ulaanbaatar |
| Local Time | 1:24 AM Asia / Ulaanbaatar |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
206 thousand
for
15.0%
annual interest,
6
years
(Native Currency: MNT 700,000,000)
Reason: To launch a soft-serve ice-cream chain in Ulaanbaatar, Mongolia. Part of the funds will be used to e...
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Collateral Available: USD 59 thousand
Includes physical assets worth
USD
44 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Company Registration Certificate
(445.1 KB)
Business Overview
- Engaged in the distribution of luxury commercial kitchen equipment including ice cream makers, soft serve machines, coffee machines, ovens, and dishwashers.
- We are the authorized distributors for several well-known brands including Scotsman, Rancilio, Egro, Carpigiani, Merrychef, Lincoln and Krupps.
- Sell our products across Mongolia and have 15 regular F&B clients.
- We also have several maintenance contracts with our clients and offer extensive after-sales support and service.
- Due to a significant slowdown in the Mongolian economy, our sales have dropped significantly.
- However, the business is still financially healthy and is able to maintain healthy net margins of around 20%
- Over the years, the promoter has built a strong understanding of the F&B space in Mongolia and seeks to leverage this to set up a soft-serve ice-cream chain in Ulaanbaatar, Mongolia.
- The chain will be a network of kiosks in shopping malls, entertainment centers, and commercial districts.
- We are the authorized distributors for several well-known brands including Scotsman, Rancilio, Egro, Carpigiani, Merrychef, Lincoln and Krupps.
- Sell our products across Mongolia and have 15 regular F&B clients.
- We also have several maintenance contracts with our clients and offer extensive after-sales support and service.
- Due to a significant slowdown in the Mongolian economy, our sales have dropped significantly.
- However, the business is still financially healthy and is able to maintain healthy net margins of around 20%
- Over the years, the promoter has built a strong understanding of the F&B space in Mongolia and seeks to leverage this to set up a soft-serve ice-cream chain in Ulaanbaatar, Mongolia.
- The chain will be a network of kiosks in shopping malls, entertainment centers, and commercial districts.
Products & Services Overview
Authorized dealers of several well-known luxury commercial kitchen equipment brands. Our portfolio includes ice cream makers, soft serve machines, coffee machines, ovens, dishwashers, and bar equipment. We also are authorized dealers of a well-known coffee syrup mix brand.
Facilities Overview
Leased 130 sq. m. facility which serves as the display space, corporate office and warehouse. The monthly lease rent is USD 400.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysSupply Assistance, Navy, Nattandiya, Individual Investor / Buyer connected with the Business
Tags:
Luxury Appliances Company Seeking Loan in Ulaanbaatar, Mongolia
·Chilled Food Company Seeking Loan in Ulaanbaatar, Mongolia
·Lend to Luxury Appliances Company in Ulaanbaatar, Mongolia
·Frozen Food Company Seeking Loan in Ulaanbaatar, Mongolia
·Lend to Chilled Food Company in Ulaanbaatar, Mongolia
·Lend to Frozen Food Company in Ulaanbaatar, Mongolia
·Luxury Appliances Company Seeking Loan
·Chilled Food Company Seeking Loan
·Lend to Luxury Appliances Company
·Frozen Food Company Seeking Loan
·Lend to Chilled Food Company
·Lend to Frozen Food Company
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