Newly Established Textile Packaging Business Seeking Loan in Madhabdi, Bangladesh

Manufacturer of paper cones which are used for spinning cotton and jute yarn.
This Business is on a Premium Plan
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 85 thousand
EBITDA Margin
30 %
Industries
Locations
Local Time
5:59 AM Dhaka
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 300 thousand for 6.0% annual interest, 10 years (Native Currency: BDT 25,000,000)
Reason: Buy machinery, raw materials and meet working capital requirement.
Collateral Available: USD 0
Includes physical assets worth USD 65 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

Firm manufactures paper cones which are used for spinning cotton and jute yarn. We procure the raw materials from 1 big supplier in Bangladesh. Have a total of 5 clients of whom 3 clients are for cones for cotton yarn and 2 clients are for cones for jute yarn. Generate 55% revenue through sale of paper cone for cotton yarn and rest 45% revenue through sale of paper cone for jute yarn.

Paper cone for cotton yarn:

Factory is installed with second hand machinery and has the daily production capacity of 1 lakh cones. We operate at 50% capacity. Have a total of 45 permanent staff. The factory is on a 8,000 sq ft area and it's owned by the firm.

Paper cone for jute yarn:

This factory does not have any machinery and the entire production is carried out manually. We have a total of 35 permanent staff and on a daily basis, we produce 20,000 cones. The factory is on a 3,800 sq ft area and it's rented.

Both the above factories are located 7 km away from each other. Business owned assets include land & machine at paper cone factory for cotton yarn. The assets also include tools and office equipment at both the factories.

Products & Services Overview

- Manufactures paper cones used for spinning cotton and jute yarn.

- We manufacture the cones using a paper quality of minimum 300 GSM.

Facilities Overview
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more