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Door Fixtures Business Seeking Loan in Satna, India

Niche business involved in the wholesale and trading of door hardware like locks and hinges.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 8 %
Industries Door Fixtures
Locations  Satna
Local Time 9:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 24 thousand for 18.0% annual interest, 7 years (Native Currency: INR 2,000,000)
Reason: Require funds to place orders of a higher value, our current value of a single order ranges between ... View More
Collateral Available: USD 53 thousand
Includes physical assets worth USD 23 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Wholesaler of door-related hardware like hinges, locks, and sliders.

- Our customers are builders, contractors, and retail hardware stores.

- We have also got orders to deliver door hardware for an upcoming reputed hotel in Rewa, Madhya Pradesh.

- We get customers and leads through online platforms like IndiaMart, direct sales, and the personal network of the owner.

- Three employees work in this business (as shown in the picture above). Other workers are hired on an ad-hoc basis.

- This business is operated through a debt-free sole proprietorship.

- We also sell directly to retail customers through a sister concern across 400 stores in 12 Indian districts. But these funds will be solely used by the wholesale business.

Products & Services Overview

Door hardware related to all products is available. door set hinges, door sliders, and furniture lock.

Assets Overview

Product stock of INR 14 lakh, and office setup worth INR 4.5 lakh. I have 40 acres of cultivable land which brings more income.

Facilities Overview

Ground floor my business. And my office is rented in 50 years. And no. Of rooms is 4 rooms is available.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Hyderabad, Financial Consultant connected with the Business
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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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