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Paint Factory Seeking Loan in Churu, India

Rajasthan-based paint chemical manufacturer supplying to 200+ companies, aiming to expand with a business loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 173 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 15 %
Industries Paint Factories
Locations  Churu
Local Time 10:52 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 29 thousand for 12.0% annual interest, 3 years (Native Currency: INR 2,500,000)
Reason: The owner is seeking a business loan for business expansion. INR 5 lakh would be used for buying me... View More
Collateral Available: USD 0
Includes physical assets worth USD 9.2 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
Business Overview
1. Paint manufacturing business located in Churu.
2. The company currently has 4 permanent employees and hires more on contract depending on the projects and is focused on manufacturing and supplying sealers and thinners for use in handicrafts.
3. The business has established relationships with over 200 companies.
4. The company engages in in-house manufacturing and has the capacity to produce 8 tons of products in a single day, with current production at 2.5 tons per day. The sales of the business will increase with an upcoming project.
5. It has developed its own formulas for the sealers and thinners, indicating a level of expertise in product development.
6. The business has a direct supply model, supplying its products directly to the companies it is associated with.
7. The company possesses a valid GST number, demonstrating compliance with tax regulations and formal business operations.
Products & Services Overview
The business provides colours, and paint thinners, and sealers.
The majority of the clientele are handcrafted product manufacturers.
Assets Overview
The physical assets owned by the business are:
- Ready to sell colour stock worth INR 3 lakh.
- Manufacturing machines worth INR 5 lakh.
Facilities Overview
The factory is operated on rental basis in Churan, with a long-term lease.
The set-up includes 4 machines, 2 halls and 3 weighing scales.
Capitalization Overview
The business has two shareholders holding equal shares.
The business is self-financed and is debt free.
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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