Automotive Accessories Business Seeking Loan in Jaipur, India
Manufactures automobile cables & brake shoe and supplies through dealers and distributors.
This transaction has concluded.
| Established | 1-5 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 36 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 20 % |
| Industries | Automotive Accessories |
| Locations | Jaipur |
| Local Time | 7:39 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
24 thousand
for
12.0%
annual interest,
1
year
(Native Currency: INR 2,000,000)
Reason: Require funds to buy raw materials.
Collateral Available: USD 0
Includes physical assets worth
USD
18 thousand
Interested to connect with advisors
Business Overview
Firm manufactures automobile cables and brake shoes under own brand. We buy scrap iron materials which is the raw material from 10 suppliers in India and 1 supplier in Denmark. After manufacturing, we sell the cables and brake shoes through distributors and dealers. Have 50+ dealers & distributors in our network.
Our business is labour intensive and we run the factory on 2 shifts per day. We have a team of admin staff, inspection team, engineers and ground staff. Founder of the business has 4 years of experience in this industry. Business owned assets include machines, tools and office equipment.
Products & Services Overview
Manufactures cables and brake shoe used in 2 wheelers and 4 wheelers.
Facilities Overview
Rented factory of 1,500 sq ft. We run on 2 shifts a day.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Auto Parts Manufacturer, Gurgaon, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Oil & Carbon Manufacturing, Jaipur, Individual Investor / Buyer connected with the Business
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