Profitable Cutlery and Flatware Business Seeking Loan in Bengaluru, India
Business involved in manufacturing eco-friendly cutlery products with a manufacturing capacity of 12k-14k pieces/week.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 900 |
| Run Rate Sales | USD 24 thousand |
| EBITDA Margin | 40 % |
| Industries | Cutlery and Flatware |
| Locations | Bengaluru |
| Local Time | 5:49 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5.6 thousand
for
10.0%
annual interest,
2
years
(Native Currency: INR 500,000)
Reason: The owner wants to expand the business by adding extra godown and machinery because of increased ord...
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Collateral Available: USD 1.12 thousand
Includes physical assets worth
USD
18 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Electricity bill
(80.8 KB)
GST
(118.8 KB)
Business Overview
- We are into manufacturing of biodegradable and eco-friendly products.
- Started this business recently, as this was a dream business for the owner.
- The business has 2 B2B clients to whom they supply weekly.
- We also cater to local retailers and take direct orders from customers.
- The facility has a manufacturing capacity of 12k-14k pieces per week, the order size we are getting is more than this and we wish to expand the business by purchasing new machinery.
- Our raw materials are directly supplied by farmers of almost 6 villages in Kunigal.
- Started this business recently, as this was a dream business for the owner.
- The business has 2 B2B clients to whom they supply weekly.
- We also cater to local retailers and take direct orders from customers.
- The facility has a manufacturing capacity of 12k-14k pieces per week, the order size we are getting is more than this and we wish to expand the business by purchasing new machinery.
- Our raw materials are directly supplied by farmers of almost 6 villages in Kunigal.
Products & Services Overview
Areca palm plates.Areca palm bowls.
Areca palm spoons.
Assets Overview
The physical assets in the business include 4 new machinery.
Facilities Overview
Operating in a space of 1,500 sqft located near the Hassan highway. The place belongs to a family member and is not part of the business.
Capitalization Overview
The business has been bootstrapped by the owner. There are no debts or liabilities in the company and it is handled by a sole owner.
Recent Activity
-
Earlier than 15 daysDirector, IT, Bengaluru, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Technology Consulting, Ahmedabad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysRecruitment Lead, IT Services, Bengaluru, Individual Investor / Buyer connected with the Business
Tags:
Newly Established Cutlery and Flatware Business Seeking Loan in Bangalore, India
·Lend to Newly Established Cutlery and Flatware Business in Bangalore, India
·Newly Established Cutlery and Flatware Business Seeking Loan in Bengaluru
·Lend to Newly Established Cutlery and Flatware Business in Bengaluru
·Newly Established Cutlery Business Seeking Loan in Bangalore, India
·Lend to Newly Established Cutlery Business in Bangalore, India
·Newly Established Cutlery Business Seeking Loan in Bengaluru
·Newly Established Cutlery and Flatware Business Seeking Loan
·Lend to Newly Established Cutlery Business in Bengaluru
·Lend to Newly Established Cutlery and Flatware Business
·Newly Established Cutlery Business Seeking Loan
·Lend to Newly Established Cutlery Business
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