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Newly Established Commodity Chemicals Wholesale Business Seeking Loan in Farwaniya, Kuwait

Kuwait-based diversified trading business focusing on construction supplies and chemicals seeks a loan for expansion.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 195 thousand
EBITDA Margin 10 - 20 %
Industries Commodity Chemicals Wholesale + 1 more
Locations  Farwaniya
Local Time 3:28 AM Asia / Kuwait
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 16.2 thousand for 5.5% annual interest, 3 years (Native Currency: KWD 5,000)
Reason: We are seeking this loan to increase the business's cash flow and to get new projects. Also, we have... View More
Collateral Available: USD 0
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Business Name
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Business Overview
- The business is a part of a well-established business unit that has been operating for 20 years, with a focus on trading in chemicals, construction, and safety equipment in Farwaniya, Kuwait.
- The specific arm of the business focusing on these products was established this year.
- The business sources its products through 10 import suppliers.
- With prominent clients such as the Kuwait Oil Company and Kuwait National Petroleum Company, the business has a strong foothold in the local market, providing potential for growth and stability.
- Revenue is generated through the sale of these sourced products at a markup price, which presents an opportunity for potential investors to tap into a business with a proven revenue model.
- The business unit is certified with all the necessary licenses and certifications.
- Given the strategic location in Farwaniya and the business's established network of suppliers and clients, there is potential for scalability and further expansion.
Products & Services Overview
Our top-selling products include:
- Chemicals and laboratory equipment used in petroleum companies.
- Various building, construction, and safety materials.
We are traders who source products locally or import them and sell them at a markup price to other businesses.
Assets Overview
Currently, the business does not have any physical assets.
Facilities Overview
The business operates out of a rented office located in Farwaniya, Kuwait.
Capitalization Overview
- The business does not have any loans or debts.
- The business has 2 shareholders with a 51-49 split.
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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