Profitable Cleaning Business Seeking Loan in Bharuch, India
High-growth industrial cleaning business with 150 clients, and INR 10 crore run-rate sales seeks funding.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 800 - 900 thousand |
| Run Rate Sales | USD 2.1 million |
| EBITDA Margin | 40 % |
| Industries | Cleaning |
| Locations | Bharuch |
| Local Time | 6:25 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
580 thousand
for
18.0%
annual interest,
5
years
(Native Currency: INR 50,000,000)
Reason: We have a lot of orders pending for which we need more machines. These funds will be used for machin...
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Collateral Available: USD 0
Includes physical assets worth
USD
1.4 million
Interested to connect with advisors
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Business Name
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Documents
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(144.3 KB)
Business Overview
- 150 clients, with a 100%+ growth rate on both revenue and client base,
- Clients include Adani Power, Gondia, SRF Limited, Hindalco, Zydus, and JM Sugar among many others.
- Different contracts with each client, some have monthly cleaning, and some have a bi-annual system.
- All field staff are on our payroll and there are no contract employees.
- 200 full-time employees with 180 field staff and 20 office staff. Field staff salaries are not very high.
- We get customers through old contacts of the proprietor and some online advertising.
- Last year we had INR 7.62 crore in sales, the year before that we did INR 1.70 crore.
- We have continued this trend of high growth and will finish this year at INR 15 crore.
- The proprietor has experience of 20 years in this field.
- Clients include Adani Power, Gondia, SRF Limited, Hindalco, Zydus, and JM Sugar among many others.
- Different contracts with each client, some have monthly cleaning, and some have a bi-annual system.
- All field staff are on our payroll and there are no contract employees.
- 200 full-time employees with 180 field staff and 20 office staff. Field staff salaries are not very high.
- We get customers through old contacts of the proprietor and some online advertising.
- Last year we had INR 7.62 crore in sales, the year before that we did INR 1.70 crore.
- We have continued this trend of high growth and will finish this year at INR 15 crore.
- The proprietor has experience of 20 years in this field.
Products & Services Overview
We provide high-pressure water jet cleaning services; Structure fabrication and erection work; and operations and maintenance of structures as well.Our top-selling service is high-pressure water jet cleaning.
Assets Overview
Tangible assets include machinery and office equipment. worth INR 10-12 crore.- 50 high-pressure water jet cleaners worth INR INR 20 lakh each (total value INR 10 crore)
- Office equipment and tools worth INR 50 lakh.
Facilities Overview
We operate from the owner's owned office of 5,000 sq. ft. in Bharuch.
Capitalization Overview
- We have numerous small ticket loans with a total outstanding amount of INR 4 crore.- This is a sole proprietorship business.
Recent Activity
-
Earlier than 15 daysDirector, Ahmedabad, Merchant Bank connected with the Business
-
Earlier than 15 daysDirector, Stock Broking, Gurgaon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysProprietor, Vadodara, Financial Advisor connected with the Business
Tags:
Profitable Specialized Cleaning Business Seeking Loan in Bharuch, India
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·Profitable Specialized Cleaning Business Seeking Loan
·Profitable Commercial Cleaning Business Seeking Loan
·Lend to Profitable Specialized Cleaning Business
·Lend to Profitable Commercial Cleaning Business
·Profitable Cleaning Business Seeking Loan
·Lend to Profitable Cleaning Business
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