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Small Craft Store Seeking Loan in Bangalore, India

First in India custom picture framing and fine art print store looking for growth capital.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin Nil
Industries Gifting + 1 more
Locations  Bangalore
Local Time 11:11 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 24 thousand for 14.0% annual interest, 5 years (Native Currency: INR 2,000,000)
Reason: Expansion and growth plans. Improvement of online presence.
Collateral Available: USD 0
Includes physical assets worth USD 28 thousand
Interested to connect with advisors
Documents
GST Registration
Business Overview

- We are into custom picture framing and Fine art printing on diverse media such as Luster, Glossy, Matt, Semi-Gloss, Cotton Rag, Canvas and the likes.

- Also into gifting items like personalized items i. e mugs, t-shirts and pens.

- We have a footfall of 200 customers monthly in each of our 5 stores having an average billing of INR 600 per customer and have a repeat customer ratio of close to 70 %

- Addition of new stores is helping us increase sales.

- Promoter has an experience of 7 years and business specific experience of 2 years.

Products & Services Overview

Custom Picture Framing, Fine Art Printing, Personalized Gifting products, Ready Picture Frames, Art and Decor.

Facilities Overview

Total rental space of 2800 Sq Ft rental which includes 5 stores and a warehouse.

Capitalization Overview
Not Disclosed
Recent Activity
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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.

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