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Packaging Material Wholesale Business Seeking Loan in Vadodara, India

Growing, profitable and monopoly adhesive wholesale business in Vadodara seeks funds for expansion.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 300 thousand
Run Rate Sales USD 370 thousand
EBITDA Margin 16 %
Industries Packaging Material Wholesale
Locations  Vadodara
Local Time 5:07 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 60 thousand for 12.0% annual interest, 2 years (Native Currency: INR 5,000,000)
Reason: Expansion of the business to other locations via distribution channels. We require additional funds... View More
Collateral Available: USD 0
Includes physical assets worth USD 50 thousand
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Business Name
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Business Overview

- We sell different types of industrial tapes under our own brand name.

- We have a pan India network, but most of the clients are from Gujarat, Maharashtra, Madhya Pradesh and Rajasthan.

- We supply our products to hardware stores, paint and tool shops, and electric stores.

- Have around 5,000 satisfied customers.

- Some companies are ready to give more business but due to limited funds, we are avoiding them.

- Daily sales capacity is INR 3-4 lakhs but we require more funds for that.

Products & Services Overview

All types of self-adhesive tapes like masking tapes, VHB tapes, foam tapes, filament tapes, pressure sensitive tapes and other tapes mostly used in industries.

Assets Overview

Main assets are inventory of products and office furniture.

Facilities Overview

Shop and office are our own property in the centre of Vadodara and it is owned by the promoter.

Capitalization Overview

We have INR 90 lakh CC limit from Canara bank.

Business is run by husband and wife partners. Family business.

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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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