Newly Established Commodity Chemicals Wholesale Business Seeking Loan in Vadodara, India

Business manufacturing and selling cleaning chemicals to 10 hotels and 20 restaurants in Vadodara.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 20 thousand
EBITDA Margin
25 %
Locations
Local Time
10:35 PM Vadodara
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 40 thousand for 12.0% annual interest, 5.0 years (Native Currency: INR 3,000,000)
Reason: To set up own manufacturing unit and working capital for operations.
Collateral Available: USD 28 thousand
Includes physical assets worth USD 28 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- Business manufactures and sells cleaning chemicals, based in Vadodara, Gujarat.

- We have been in business since the last 2 years and started manufacturing HDPE bottles.

- Started a new line of business this year to sell cleaning chemicals. This is separate from the HDPE manufacturing business.

- The HDPE bottles we manufacture are used in the packaging of the chemicals.

- The chemicals is used for kitchen and household cleaning.

- Currently selling it in the B2B market - 10 hotels and 20 restaurants. These are regular repeat clients.

- Also looking to get into retail stores in the near future.

- Chemical is manufactured through a third party manufacturer.

- Looking to set up our own manufacturing unit for the chemicals for which we require funds.

- Physical assets include office and raw material.

Products & Services Overview

Cleaning chemicals for kitchen and household use.

Facilities Overview
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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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