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Plastics Business Seeking Loan in Bangalore, India

Manufacture and sell plastic and metal components that are used in making furniture and doors.

Established 30-40 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 180 thousand
Run Rate Sales USD 287 thousand
EBITDA Margin 10 - 20 %
Industries Plastics + 1 more
Locations  Bangalore
Local Time 6:05 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 15.0% annual interest, 3 years (Native Currency: INR 2,500,000)
Reason: Funds will be used to increase the number of components we sell. It will also be used for working ca... View More
Collateral Available: USD 0
Includes physical assets worth USD 78 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Firm produces plastic & metal components such as bushes, handles, nails, wheels. These components are used in making furniture and doors.
- We outsource the manufacturing process to 10+ manufactures in Bangalore.
- Our clients are factories, traders and individual customers. We generate equal revenue from all these 3 category of clients.
- We sell the components regularly to 10+ factories and 50+ traders / merchants.
- We have a showroom inside a commercial complex and also have multiple warehouses to keep stock.
- Business has market presence for more than 25 years.
Products & Services Overview
Plastic & metal component for furniture and doors. These components are bushes, handles, nails, wheels, hooks.
Assets Overview
30 storage racks & furniture, 11 CCTV cameras, 1 cash counter and stock worth INR 50 lakh.
Facilities Overview
- 300 sq ft of showroom at the basement and in the same building, we have warehouses on the 1st & 2nd floor. Each floor is of 300 sq ft. The facility is owned by the family members.
- Additionally, we have 4 rented warehouses of 300 sq ft, 600 sq ft, 200 sq ft and 200 sq ft respectively. All these facilities are next to our showroom.
Capitalization Overview
Not Disclosed
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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