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Profitable Coating Business Seeking Loan in Gujarat, India

Seeking Loan: Manufacturer of powder coatings for industrial applications with 60+ clients.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 24 %
Industries Coating
Locations  Gujarat
Local Time 8:39 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 80 thousand for 12.0% annual interest, 5 years (Native Currency: INR 6,000,000)
Reason: - Working capital, import raw materials, increase the production capacity. - INR 60 lakh is the max... View More
Collateral Available: USD 0
Includes physical assets worth USD 340 thousand
Interested to connect with advisors
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Business Name
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Documents
Account Statement
GST Certificate
Business Overview

- Gujarat based business specializing in coatings powder & aerosol touch up spray manufacturing.

- Management team has experience of 26 years in this field.

- Sole proprietor business and has pan India exposure.

- Have more than 60 clients. Clients are furniture and tools manufacturing companies.

- Capacity of the factory is 250 kgs of powder per hour but we are utilizing around 50% capacity with 12 hr shift.

- Also have tie-up with Asian Paints for processing and supply.

- Raw materials are procured from distributors at the moment but have plans to import directly from manufacturers going forward.

Products & Services Overview

Manufacturing of coatings powder & aerosol touch up spray powder.

Assets Overview

Extruder - 2 nos.

Cooling belts - 2 nos.

Air classifying mill - 1 no.

AHU - 1 no.

Chiller - 1 no.

Air compressor - 2 nos.

Air dryer - 1 no.

Crimping unit - 1 no.

Booster pump - 1 no.

Aerosol filling machine - 1 no.

Ovens - 2 nos.

Powder application gun - 2 nos.

Dry cone blenders - 1 no.

Water tanks - 2 nos.

Weighing scale - 7 nos.

Powder application booth - 1 no.

Air conditioners - 3 nos.

Desktop - 1 no.

Laptop -1 no.

Lab instruments (alpine air jet sieve, impact tester, pencil hardness tester, hot plate, RAL shade cards, pantone shade cards, IS shade cards)

Office furniture & fixtures.

Facilities Overview

7,000 Sq. Ft. , shopfloor on rental with 5 years of lease agreement.

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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