↩ Go Back
Need help?

Medical Devices Business Seeking Loan in Ulaanbaatar, Mongolia

Company with brand new double patented DIY nose congestion opening device seeks investment for expansion.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 thousand
Run Rate Sales USD 24 thousand
EBITDA Margin 30 - 40 %
Industries Medical Devices
Locations  Ulaanbaatar
Local Time 2:01 PM Asia / Ulaanbaatar
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3 million for 16.7% annual interest, 5 years (Native Currency: MNT 10,000,000,000)
Reason: We need for marketing.
Collateral Available: USD 300 thousand
Includes physical assets worth USD 3 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Company has been selling patented nose congestion opening devices since 2017.

- This is a unique DIY nose congestion opening device that lets the individual breathe freely without any chemicals.

- Sold approximately 1,000 pieces till date as SME in Ulaanbaatar.

- We have our own manufacturing set-up and producing on a small scale for now.

- Parts and raw materials are purchased from China.

- Selling the products directly to customers through Facebook and other online platforms.

- Global potential is 10% of the total population annually and projected market growth is 28% for the next 6 years.

- The company has no liabilities.

- Business has a single owner but has a proposal from an investor in Switzerland for partnership.

Products & Services Overview

We have two types of DIY nose congestion opening devices.

Assets Overview

- Inventory of raw materials and finished products, assembly line and equipment.

- Patents, copyright, logo, brand name, trademark, goodwill, suppliers.

Facilities Overview

We rent an assembly and sales facility in Ulaanbaatar.

Capitalization Overview

Invested from own fund. No loans. It is solo owned at present. Partnership opportunities are welcomed and considered respectively.

Recent Activity
  • Earlier than 15 days
    Director, Hyderabad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Bangalore, Financial Consultant connected with the Business
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

58 Investors viewed 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