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Petroleum Product Wholesale Business Seeking Loan in Hyderabad, India

Company in Hyderabad is into importing of base oil and selling it to 30+ clients.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 50 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 20 %
Industries Petroleum Product + 2 more
Locations  Hyderabad
Local Time 7:09 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 10 thousand for 18.0% annual interest, 1 year (Native Currency: INR 800,000)
Reason: Shortage of funds to import oil, hence seeking funding.
Collateral Available: USD 0
Documents
Invoice
Bank Statement 1
Bank Statement 2
Invoice 2
Invoice 3
Commercial Invoice
Business Overview

- Company was established in 2018 and is into importing of base oil and selling it to clients.

- Also running a waste lube oil recycling plant in Hyderabad.

- We have a valid Import Export license.

- We import oil from Malaysia, Singapore, China and Germany.

- Have more than 30 clients.

- Promoter has more than 6 years of experience in this business.

-Hyderabad has a vast demand for base oil but there's no direct supplier.

Products & Services Overview

Base oil sn500,150, Transformer oil, Grease, SN300 base.

Facilities Overview

Leased half acre land, warehouse and office in Kothur and rented warehouse near Ramoji Film City.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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