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Photography Business Seeking Loan in Thingalur, India

Tamil Nadu-based photography studio seeks a business loan for equipment upgrade and scaling up.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 6.9 thousand
Run Rate Sales USD 6.9 thousand
EBITDA Margin 10 %
Industries Photography
Locations  Thingalur
Local Time 12:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 4.6 thousand for 10.0% annual interest, 2 years (Native Currency: INR 400,000)
Reason: This funding will used to buy advanced camera equipment and as working capital.
Collateral Available: USD 0
Includes physical assets worth USD 2.3 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Newly established photo studio located in Thingalur, attracting over 200 customers monthly.
- Specializes in instant passport-size photographs, catering to local community needs.
- Offers diverse photography services for personal events, including birthday parties, weddings and corporate events.
- Conducts an average of 4 significant events monthly, emphasizing strong community engagement.
- Operated by a passionate promoter dedicated to business development and local presence.
- Lean operation with just 2 employees, allowing for flexibility and low overhead costs.
- Growing demand in the photography sector presents expansion opportunities in product offerings and service areas.
- The business is registered with an MSME certificate.
Products & Services Overview
The business is a photo studio and its top-selling services are:
- Provides instant passport-size images to customers in the studio.
- Also provides photography services for birthday parties, weddings and corporate events.
Assets Overview
Tangible assets: camera, studio equipment and the studio set-up.
Facilities Overview
The business operates from a rented studio of area 300 sq. ft and also has an extra parking area and is located very near to a bus Stop.
- The rent paid is INR 5,000/month.
Capitalization Overview
The business has a small loan of INR 16k and is a sole proprietorship.
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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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