Newly Established Cleaning Supplies Company Seeking Loan in Varanasi, India
Detergent manufacturing company in Varanasi, catering to 180+ local retailers, seeks funding for expansion.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 14.7 thousand |
| Run Rate Sales | USD 23 thousand |
| EBITDA Margin | 18 % |
| Industries | Cleaning Supplies |
| Locations | Varanasi |
| Local Time | 5:17 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
17 thousand
for
9.0%
annual interest,
10
years
(Native Currency: INR 1,500,000)
Reason: Seeking funding to expand the business’s operations and production capacity, and to buy out two inac...
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Collateral Available: USD 113 thousand
Includes physical assets worth
USD
8.5 thousand
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Business Name
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Business Overview
- The company specializes in detergent manufacturing, catering to the local market in Varanasi.
- Sold under its own brand, tailored to meet the cleaning needs of households and businesses alike.
- With a robust distribution network of over 180 retailers, the company effectively covers a 50 km radius, ensuring availability in the local area.
- Operating an in-house manufacturing facility, the business boasts a production capacity of 1,000 kgs per day, currently utilizing 500 kgs per day to meet local demand.
- The organization operates with a small team of 5 permanent employees, including 4 partners, out of which, 2 are actively involved in management and decision-making.
- The company is registered with the Ministry of Corporate Affairs (MCA) and holds GST registration, ensuring compliance with local regulations and taxation.
- The business generates revenue through direct sales to retailers, leveraging its distribution network to maximize reach and earnings in the competitive detergent market.
- Sold under its own brand, tailored to meet the cleaning needs of households and businesses alike.
- With a robust distribution network of over 180 retailers, the company effectively covers a 50 km radius, ensuring availability in the local area.
- Operating an in-house manufacturing facility, the business boasts a production capacity of 1,000 kgs per day, currently utilizing 500 kgs per day to meet local demand.
- The organization operates with a small team of 5 permanent employees, including 4 partners, out of which, 2 are actively involved in management and decision-making.
- The company is registered with the Ministry of Corporate Affairs (MCA) and holds GST registration, ensuring compliance with local regulations and taxation.
- The business generates revenue through direct sales to retailers, leveraging its distribution network to maximize reach and earnings in the competitive detergent market.
Products & Services Overview
Top-selling product is washing powder. Sold primarily to retailers within a 50 km radius of Varanasi, who then supply it to local consumers for everyday laundry and cleaning use.
Assets Overview
Physical assets include machinery valued at INR 7 lakh and ready inventory worth INR 50,000.
Facilities Overview
We operate from a 2,200 sq. ft. facility used for manufacturing, storage, and distribution, located in Hukulganj, Varanasi. The premises are leased for a duration of five years.
Capitalization Overview
The business began with self-funding and partner contributions. It has four partners on paper, each holding an equal share. Currently, only two partners are actively involved in operations. The company has an outstanding debt of INR 4 lakhs.
Tags:
Newly Established Cleaning Supplies Company Seeking Loan in Varanasi, India
·Lend to Newly Established Cleaning Supplies Company in Varanasi, India
·Newly Established Cleaning Supplies Company Seeking Loan in Banaras
·Lend to Newly Established Cleaning Supplies Company in Banaras
·Newly Established Cleaning Supplies Company Seeking Loan
·Lend to Newly Established Cleaning Supplies Company
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