Profitable Coating Business Seeking Loan in Navi Mumbai, India
Seeking Business Loan: Company supplying corrosion protection coating products to its clients in multiple industries.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 62 thousand |
| Run Rate Sales | USD 105 thousand |
| EBITDA Margin | 40 % |
| Industries | Coating |
| Locations | Navi Mumbai |
| Local Time | 10:46 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
175 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 15,000,000)
Reason: The proceeds from the business loan will used for:
- Funding capital expenditure and business growt...
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Collateral Available: USD 47 thousand
Includes physical assets worth
USD
11.7 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Our company supplies niche corrosion protection coating products to our clients in multiple industries.
- We do not manufacture the products ourselves. Our company is the authorised dealer of Akzonobel Germany and Enecon USA coating products in India. These are the only brands we deal in.
- We accept purchase orders from our clients for various coating products of these two brands. Post that, we purchase the goods from Akzonobel and Enecon according to the type and quantity of products required by the client and import them at our facility.
- After careful due diligence, the products are then supplied to our clients. Logistics support is outsourced. A small quantity of the goods is already purchased and stored as inventory at our facility in order to fulfil small purchase orders without much delay.
- We have over 75 clients to whom we regularly supply coating products. Clients are typically from construction, petrochemical and OEM industries. A few include Kanakia Builders, BPCL, Sterlite Industries, Lombardini, etc. There is no explicit contract with any client.
- Our business has recently partnered with an OEM company in India who will give us guaranteed purchase orders worth INR 5,00,00 every month for supplying them with multiple coating products. The life of the contract is 24 months.
- Currently, the business is generating the entire revenue by fulfilling purchase orders of our clients.
- In the upcoming months, our company will commence coating application services for our clients. We will be hiring workers who will provide these application services by visiting our client's facility.
- We do not manufacture the products ourselves. Our company is the authorised dealer of Akzonobel Germany and Enecon USA coating products in India. These are the only brands we deal in.
- We accept purchase orders from our clients for various coating products of these two brands. Post that, we purchase the goods from Akzonobel and Enecon according to the type and quantity of products required by the client and import them at our facility.
- After careful due diligence, the products are then supplied to our clients. Logistics support is outsourced. A small quantity of the goods is already purchased and stored as inventory at our facility in order to fulfil small purchase orders without much delay.
- We have over 75 clients to whom we regularly supply coating products. Clients are typically from construction, petrochemical and OEM industries. A few include Kanakia Builders, BPCL, Sterlite Industries, Lombardini, etc. There is no explicit contract with any client.
- Our business has recently partnered with an OEM company in India who will give us guaranteed purchase orders worth INR 5,00,00 every month for supplying them with multiple coating products. The life of the contract is 24 months.
- Currently, the business is generating the entire revenue by fulfilling purchase orders of our clients.
- In the upcoming months, our company will commence coating application services for our clients. We will be hiring workers who will provide these application services by visiting our client's facility.
Products & Services Overview
We supply a variety of coating products of Akzonobel Germany and Enecon USA brands in India.
Assets Overview
Physical assets include:- Inventory of different coating products.
- Computers and printers.
Facilities Overview
- The business runs operations from a rented facility spread across 200 sq. ft.- The inventory of products is stored at the owner's personal property. This property is not a part of the assets owned or rented by the business. However, the business will rent a larger warehousing space in the upcoming months as the operations expand.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Sweets Manufacturing & Wholesale, Mumbai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysAssistant General Manager, Oil & Energy, Accra, Individual Investor / Buyer connected with the Business
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