↩ Go Back
Need help?

Construction Supplies Wholesale Company Seeking Loan in Bangalore, India

Supplier of construction materials and electrical products for the construction industry, seeks funding for working capital.
This transaction has concluded.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 430 thousand
EBITDA Margin 10 - 20 %
Industries Construction Material Wholesale + 1 more
Locations  Bangalore
Local Time 6:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 600 thousand for 10.0% annual interest, 10 years (Native Currency: INR 50,000,000)
Reason: Seeking funds for working capital to procure the construction materials.
Collateral Available: USD 600 thousand
Interested to connect with advisors
Documents
Business Overview

- Business is a supplier of steel, cement, plywood, sanitary, hardware, electronics & electrical related products for the construction industry.

- Procure materials and supplies from over 25 vendors.

- We started our operations last month and are working on our debut project, which is based in Bangalore outer ring road development area. We will be supplying the materials for commercial and residential development under the project.

- Project has an expected total turnover of INR 50-70 crores and we would be receiving 2-3% of the total revenue.

- We are seeking funds for working capital for the initial phase.

- Business owner has 20+ years of industry experience.

- Business does not own any physical assets.

Products & Services Overview

Supplies steel, cement, plywood, sanitary, hardware, electronics & electrical related products for the construction industry.

Facilities Overview

Rented storage space of 5,000 sq ft built-up area.

Capitalization Overview
Not Disclosed
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more