Petroleum Product Company Seeking Loan in Valmiera, Latvia
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 64 thousand |
| EBITDA Margin | 30 % |
| Industries | Petroleum Product + 2 more |
| Locations | Valmiera |
| Local Time | 7:18 AM Europe / Riga |
| Listed By | Business Owner / Director |
| Status | Active |
Company runs a shop in Latvia that sells engine oils, lubricants and spare parts of agricultural machinery and tractors. Our customers are farmers and we have over 300 customers. Most of our customers are repeat clients. We buy the oils and spare parts from 4-5 vendors.
Generate 60% revenue from engine oils & lubricants and remaining 40% from spare parts. The owner has 8 years of experience in oil trading business and has gained good knowledge and expertise over the years. Our run rate revenue has dropped due to COVID-19.
Sells engine oils, lubricants and spare parts of agricultural machinery and tractors.
Goods / stock, equipment and furniture, Ford Transit.
Rented shop that is spread on 1st and 2nd floor. Total combined area is 500 sq mt.
- First floor sells engine oils, lubricants, filters, and related items.
- Second floor sells spare parts of agricultural machinery and tractors.
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Earlier than 15 daysCEO, Cosmetics & Clothing, Riga, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOwner, Pumps Manufacturer, Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysCo Founder, Auto Parts, Moscow, Individual Investor / Buyer connected with the Business
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9 Investors already contacted this Business.
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