Optical Store Seeking Loan in Yavatmal, India

Optical stores business having 3 outlets in Maharashtra, seeking funds to open more outlets.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 25 thousand
Run Rate Sales USD 25 thousand
EBITDA Margin 37 %
Industries Optical Stores
Locations  Yavatmal
Local Time 2:14 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: To establish more outlets of our Optical retail business.
Collateral Available: USD 0
Includes physical assets worth USD 2.7 thousand
Name, Phone, Email
Available after connect
Business Name
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User Verification
Business Overview

- We are running an Optical retail business since 2013, and currently running 3 stores located in Yavatmal, Maharashtra.

- Our business sells branded opticals, along with providing lens and frames according to prescription.

- We receive around 30 to 40 customers per day, and maintain good business relations with customers, which helps us in getting good reviews and acquire more customers.

- To ensure customer foot fall at our store, we offer discounts and offers. Looking for funds to establish more outlets around Yavatmal.

Products & Services Overview

Spectacles, sunglasses, contact lens, repair and other devices.

Facilities Overview

3 stores, all are rented space of ~400 Sq. Ft. .

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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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