Newly Established Furniture Business Seeking Loan in Kathmandu, Nepal
Established | 0-1 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 62 thousand |
Run Rate Sales | USD 132 thousand |
EBITDA Margin | 10 % |
Industries | Furniture |
Locations | Kathmandu |
Local Time | 5:15 AM Asia / Kathmandu |
Listed By | Business Owner / Director |
Status | Active |
- Started in November 2 years ago, the business quickly gained traction, serving over 2,800 customers within the first year.
- Operates as a trader, sourcing products directly from manufacturers and selling them to end customers without holding large inventories.
- Retail and online sales are managed directly by the owner, while logistics, delivery, and support are handled by vendor partners, enabling the business to function efficiently without in-house employees.
- Serves a diverse customer base including consultancies, educational institutions, online stores, IT students, and small business owners.
- Identified a significant demand for revolving office chairs in regions outside Nepal’s major cities, where access to quality options is limited.
- Works with well-known brands like Indian Smart, Tulip, and Lavish Furniture, providing customers with verified company-billed products.
- Imports products from India and China to cater to both B2B and B2C clients across Nepal.
- High run-rate revenue and EBITDA margin are achievable due to direct sourcing, zero inventory costs, minimal overhead, and outsourced delivery/logistics.
- Holds a valid certificate of incorporation and is now seeking investment and a stronger operational team to scale the business.
- There are no debts in the business.