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Profitable Home Furnishings Business Seeking Loan in Chirala, India

Interior decorative Items importing from Europe & China, sells it to clients all over India.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 90 thousand
EBITDA Margin 40 %
Industries Home Furnishings
Locations  Chirala
Local Time 9:21 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 240 thousand for 10.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: For completing the website development work and for purchasing products to fulfil online orders.
Collateral Available: USD 36 thousand
Includes physical assets worth USD 36 thousand
Documents
GST Certificate
Business Overview

- An interior decorative trading business based in Chirala, Andhra Pradesh.

- We deal in all interior decorative items such as dining items, cutlery, tables, chairs, beds, mattresses, chandeliers.

- The products are imported from manufacturers in Italy and China.

- The products are sold to customers directly in and around Chirala.

- Customers directly contact us with their requirements and we fulfill the orders.

- Receive an average of 2-3 large orders per month.

- We have recently set up a website in order to start fulfilling orders online.

Products & Services Overview

Business importing interior decorative products and furniture from Italy and China, such as - dinning items, cutlery, tables, chairs, beds, mattresses, chandeliers.

Facilities Overview

Currently no office. Will be setting up one in the near future.

Capitalization Overview
Not Disclosed
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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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