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Newly Established Craft Store Seeking Loan in Moradabad, India

Non-operational handicrafts store offering décor items with GST compliance and experienced promoter.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.23 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Craft Stores
Locations  Moradabad
Local Time 2:00 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 2.23 thousand for 10.0% annual interest, 4 years (Native Currency: INR 200,000)
Reason: We are seeking funding for digital marketing to attract customers and restart operations. Upon fund... View More
Collateral Available: USD 0
Includes physical assets worth USD 6.7 thousand
Interested to connect with advisors
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Business Name
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Business Overview
• Newly established handicrafts store offering decorative vases, candle stands, Christmas décor, and other handcrafted items.
• Currently non-operational due to lack of funding and limited marketing efforts.
• Revenue potential centered around seasonal décor, home accessories, and gift items with strong demand during festivals.
• Promoters bring 5 years of experience in the handicrafts industry and product sourcing.
• Holds GST registration, ensuring compliant and ready-to-restart operations.
Products & Services Overview
Vases, candle stands, and Christmas decorations purchased by home décor buyers, gifting customers, and seasonal shoppers.
Assets Overview
Tangible assets:
- All the inventory and store materials.
These assets are crucial for restarting the operations and cannot be liquidated.
Facilities Overview
Rented shop, 12x10 ft. , located in Ahmed Nagar.
Capitalization Overview
- Has no loans.
- Sole proprietorship buisness.
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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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