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Online Marketplace Business Seeking Loan in Ghaziabad, India

Real estate-agency seeks funding to enhance and monetize its portal for property sales and promotions.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 17.3 thousand
Run Rate Sales USD 27.7 thousand
EBITDA Margin 40 %
Industries Real Estate Agencies + 1 more
Locations  Ghaziabad
Local Time 3:30 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 29 thousand for 12.0% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: We aim to expand our business by enhancing the portal, upgrading website technology, and boosting ma... View More
Collateral Available: USD 58 thousand
Includes physical assets worth USD 2.3 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- We are a real estate agency with primarily offline operations who are seeking funding to develop our real estate portal.
- The business operates with a compact team of 5 employees, focusing on maximizing efficiency and expertise.
- Flats dominate the sales sector, with a diverse customer base including buyers, agents, and developers leveraging the platform.
- The online real estate portal specializes in listing and promoting real estate properties and projects in Ghaziabad, targeting buyers, tenants, agents, and developers.
- The portal currently attracts 15,000 to 20,000 monthly visitors, indicating strong interest but remains in a pre-revenue stage for its online services.
- Revenue is primarily generated through offline broking services, facilitating 2 to 3 sales per month, with a commission rate of 2%.
- With additional funding, the company plans to monetize the portal by introducing a listing fee, transitioning towards a profitable online revenue model.
- The business holds an MSME certification, underscoring its credibility and commitment to growth within the real estate sector.
Products & Services Overview
Flats are our top-selling business, with buyers, agents, and developers as our key customers.
Assets Overview
Tangible assets: office furniture, 5 computer systems, 1 printer and a 5 seater sofa.
Intangible assets: real estate portal with 15k monthly visitors.
Facilities Overview
Operating from a rented office in Ghaziabad.
Capitalization Overview
Personally funded by the promoter.
Sole proprietorship firm.
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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