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Newly Established Industrial Machinery Wholesale Business Seeking Loan in Coimbatore, India

Color sorting machines supplier with 15+ years of experience seeking loan for expansion.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 270 thousand
EBITDA Margin 20 %
Industries Industrial Machinery Wholesale
Locations  Coimbatore
Local Time 11:37 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 56 thousand for 10.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: To procure stock for upcoming sales and improve the business.
Collateral Available: USD 68 thousand
Includes physical assets worth USD 45 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
MSME Certificate
Business Overview
- Located in Coimbatore, this small business specializes in the wholesale supply of industrial machinery, specifically color sorting machines, catering to diverse industries in India.
- With over 15 years of experience, the company has established a strong reputation as a reliable supplier for rice and dal mill owners.
- The product lineup includes top-selling machinery like rice millers and dall millers, targeting key customers in the peanut, plastic, cashew, and cardamom industries.
- The business services an average of 5-6 machines per month, providing essential equipment for grain processing and sorting.
- In addition to sales, the company offers comprehensive servicing and repair for their machines, ensuring high customer satisfaction and long-term client relationships.
- With 10 dedicated employees, the office is designed to accommodate up to 20 people, facilitating efficient operations and customer engagement.
- The business has made significant investments totaling 35 lakhs and is currently importing machines from China to meet growing demand across India.
- Registered with GST and MSME, the company is seeking a loan for expansion, aiming to enhance product offerings and increase market reach in the industrial machinery sector.
- We maintain good profits as we deal with imported machines.
Products & Services Overview
Top sellers: Rice miller, dall miller.
Sold to: Peanut industry, plastic industry, cashew industry, cardamom industry.
Assets Overview
Infrastructure with a seating capacity of 20, 5 desktops, CCTV cameras, 1 KVA UPS, also machine stocks.
Facilities Overview
3,000 sqft warehouse for rental with well-furnished office setup.
Capitalization Overview
Business has 2 partners. Have INR 10 lakh OD.
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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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