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Furniture Company Seeking Loan in Hajo, India

Business involved in manufacturing wood products that has served 300+ customers all over Assam.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 90 - 100 thousand
Run Rate Sales USD 89 thousand
EBITDA Margin 0 - 10 %
Industries Furniture
Locations  Hajo
Local Time 7:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 15.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: The business is looking to expand and wants this loan as a backup basis to facilitate its expansion.... View More
Collateral Available: USD 1.17 thousand
Includes physical assets worth USD 117 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Furniture manufacturing company supplying all over Assam.
- We have 2 manufacturing units out of which 1 was opened recently and because of this, our sales have dropped for the current year but we expect the sales to recover and close strongly for the current year.
- Our main segment is B2C and we have served 300+ customers to date.
- Our manufacturing capacity is 10 doors and 50 windows in a day.
- The delivery for a door would take about 3 days considering its finishing.
- Our average order value is around INR 5k, whereas our manufacturing cost is around INR 3k.
- 25% of the advance is paid to us at the time of order and the rest 75% is paid during delivery.
- We provide free delivery services all over Assam.
- The business is headquartered in Kamrup, but it is registered in Shillong.
Products & Services Overview
We manufacture doors, windows, table sets, and other furniture.
Assets Overview
- The business has 24 wood-cutting machines each averaging around INR 1.7L.
- Other equipment and furniture in the business.
Facilities Overview
- The head office is located in Sastar, Majarkuri, Kamrup Hajo Ramdia, Assam.
- We have 2 manufacturing facilities, one in Guwahati having an area of 5k sqft and the other in Nalbari having an area of 2k sqft.
All of these are owned by their family.
Capitalization Overview
The business has a single owner with complete shareholding in the business.
There are no loans or any other kind of debt.
Recent Activity
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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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