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 From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 42 thousand
EBITDA Margin
20 %
Industries
Locations
Local Time
2:49 AM Ulaanbaatar
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 250 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... View More
Collateral Available: USD 70 thousand
Includes physical assets worth USD 53 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
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.

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
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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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