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Newly Established Cleaning Supplies Company Seeking Loan in Bangalore, India

Business manufacturing all housekeeping products like tiles, toilets, and floor cleaners is seeking a loan.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 44 thousand
EBITDA Margin 20 %
Industries Cleaning Supplies
Locations  Bangalore
Local Time 1:23 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 18 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: Funds are required for business expansion.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 5 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- Our business is engaged in the manufacturing of all housekeeping products like tiles, toilets, and floor cleaners.

- Source the raw material from 3 suppliers in Bangalore.

- We have a manufacturing capacity of 20,000 liters of cleaning liquids per month.

- On average, we have close to 500 clients which include supermarkets, provisional stores, and dealers.

- We started our operations 6 months back hence we did not report any revenue last year.

- The business does not have any loans and is run by a sole owner.

- Our business is growing every month and the product acceptance rate is extremely high as a result we are getting repeat orders with almost killing competition in the market.

- The business is registered in Bihar as the promoter's family is based out of Bihar, but the operations and the promoter are now in Bangalore and the business operations are carried out in Bangalore.

Products & Services Overview

Floor cleaner, tiles cleaner, toilet cleaner, hand wash, dish wash, and soap oil.

Assets Overview

Four wheeler EECO, raw material, mixing machine, and fixture and furniture. The business also has ISO certification, MSDS certificate, and brand trademark.

Facilities Overview

We have a very small rented set-up of 700 sq. ft. area.

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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