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Newly Established Paint Store Seeking Loan in Kolkata, India

Water proofing supplies business based in Kolkata seeking a business loan to buy stock.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 28 thousand
EBITDA Margin 12 %
Industries Paint Stores
Locations  Kolkata
Local Time 1:51 PM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 10.0% annual interest, 7 years (Native Currency: INR 1,000,000)
Reason: The owner is seeking a loan to additional stock of waterproofing supplies. The value of physical ass... View More
Collateral Available: USD 0
Includes physical assets worth USD 35 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
MSME Certificate
Trade Licence
Business Overview
- Established in Kolkata, this business specializes in high-demand waterproofing supplies, serving both individual customers and contractors.
- Operates with a lean and efficient team of 3 employees, receiving approximately 5-6 customers daily, indicating consistent foot traffic and interest.
- Benefits from a strategic brand association with Berger's, enhancing credibility and customer trust within the waterproofing industry.
- In addition to waterproofing supplies, the business diversifies revenue streams through a secondary venture in the retailing of ladies' handbags.
- The waterproofing dealership accounts for approximately 60% of the overall revenue, highlighting its significance to the business's financial health.
- Holds official certifications including a Trade License and an MSME certificate, ensuring full compliance with local business regulations and facilitating smoother operations.
Products & Services Overview
The business provides branded waterproofing supplies to locals. It caters to both individuals and contractors.
Assets Overview
The physical assets owned by the business include:
- Stock of waterproofing supplies.
- Stock of handbags.
Facilities Overview
The business operates the shops from a rented facility Kolkata.
Capitalization Overview
The has 2 shareholders, under the same family.
There are no debts at the moment.
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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