Petroleum Product Wholesale Business Seeking Loan in Pune, India

Distributor of lubricants across Pune and have tied up with 48 garages seeks funding.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
EUR 20 thousand
EBITDA Margin
5 %
Locations
Local Time
7:20 PM Pune
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
EUR 11 thousand for 9.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: Business expansion.
Collateral Available: EUR 0
Includes physical assets worth EUR 900
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview

- Distributor of lubricants like industrial oil, engine oil, grease and multiple products.

- Have directly tied up with 48 garages by contacting the branch head.

- We source products from Mumbai and sell it to garages in Pune.

- Have tie up with a company called Lubz.

- Target market - 2 wheelers.

- Have served 800+ retail customers.

- Daily sales is 48 litres on an average which generates a revenue of INR 12,000.

- Will focus on selling lubricants for 4 wheeler's from January.

- Owner has 2 years of experience.

- Expected to generate a revenue of INR 25,00,000.

Products & Services Overview

- Distributor of lubricants.

Facilities Overview
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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