Machine Tools Business Seeking Loan in Agra, India

Machine and Power tools trading business having tie ups with 10 vendors.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 30 - 40 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 20 - 30 %
Industries Machine Tools + 1 more
Locations  Agra
Local Time 3:51 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 27 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: For working capital and improving operations.
Collateral Available: USD 7 thousand
Includes physical assets worth USD 8 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- A trading business that buys and sells machine tools, power tools and grinding wheels.

- We buy in bulk from vendors. Currently we purchase these products from 10 local vendors.

- We sell the products to 40 retail stores located in Agra.

- Started business in July of 2017, hence last years sales were only half yearly.

- The promoter has 15 years of experience in this field.

Products & Services Overview

Power tools, grinding wheel, cyanoacrylate adhesive, spares, cut off wheels, construction blades etc.

Facilities Overview

We have a rented office in Agra that has an area of 120 Sq. Ft.

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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