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Office Supplies Wholesale Company Seeking Loan in Navi Mumbai, India

Mumbai based supplier of high quality office furniture seeks loan to scale up.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 90 - 100 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 13 %
Industries Furniture Stores + 1 more
Locations  Navi Mumbai
Local Time 8:12 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 354 thousand for 6.0% annual interest, 10 years (Native Currency: INR 30,000,000)
Reason: We need capital to scale up the business. We hope to grow manifold in the coming years and can also ... View More
Collateral Available: USD 17.7 thousand
Includes physical assets worth USD 2.36 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Business is a Mumbai based B2B and B2C office furniture supplier.
- We source quality furniture from 85 suppliers out of which 20 are domestic and others are based in China, Indonesia, Vietnam and Malaysia.
- The products are sold via Amazon, Flipkart and our e-commerce website that is under construction.
- We have served 800+ customers across India till now.
- Our aim is to fill the gap between organized and unorganized sector and cutting the need for middlemen in a transaction. This gives us better profit margin than peer companies.
- Along with the loan we can also offer the investor some stake in the business.
Products & Services Overview
We currently sell office chairs, tables and lap desks. More products like home decor, dining and other furniture will be added after we scale up.
Assets Overview
Business has a website under contruction, physical stock and office supplies.
Facilities Overview
We have rented two back end offices and a warehouse in Mumbai. The warehouse is 1,000 sq. ft. and two offices are 100 sq. ft. and 200 sq. ft. respectively.
Capitalization Overview
Not Disclosed
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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