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News Agency Seeking Loan in Kazipara, India

Bi-weekly Bengali newspaper with an average circulation of 4,000 per week seeks working capital.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 7 - 8 thousand
Run Rate Sales Nil
EBITDA Margin 10 - 20 %
Industries News Agencies
Locations  Kazipara
Local Time 12:50 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 4 thousand for 15.0% annual interest, 3 years (Native Currency: INR 300,000)
Reason: To provide infrastructure for office use including laptop or computer and for recurring and working ... View More
Collateral Available: USD 64 thousand
Includes physical assets worth USD 2.6 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Trade License
Page With Ads
Newspaper
Business Overview

- Bi-weekly Bengali newspaper that is circulated twice a week and covers local topics, politics, music, entertainment, and classifieds.

- We print 4,000 newspapers on a weekly basis circulate them to nearby districts including Hooghly, Howrah, and Bardhaman.

- Have our own printing equipment that is capable of printing 4,000 papers every hour.

- Have 5-10 suppliers who circulate the papers in their respective regions and we also publish digitally on our Facebook page.

- Tied up with 50 companies for advertising and classified.

- Revenue model: Most of our revenue is through advertising. We sell our newspapers for INR 2 each.

- Our operations are temporarily shut down due to COVID-19.

- Promoter is the editorial head and is a retired professional with 37 years of experience as govt employee working on various projects in West Bengal.

- Business owned assets include printing equipment and office setup.

Products & Services Overview

Bi-weekly Bengali newspaper that covers local topics, politics, music, entertainment, and classifieds.

Facilities Overview

We operate from our own residential property.

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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