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Profitable Furniture Business Seeking Loan in Sangli Miraj Kupwad, India

Well-established furniture and mattress manufacturing company in Sangli with 250+ mattresses monthly capacity.

Established 40-50 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 40 - 50 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 30 - 40 %
Industries Furniture
Locations  Sangli Miraj Kupwad
Local Time 1:49 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35.5 thousand for 10.0% annual interest, 10 years (Native Currency: INR 3,000,000)
Reason: We need the loan for expanding the business in terms of production capacity, and marketing.
Collateral Available: USD 0
Includes physical assets worth USD 118 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Established furniture and mattress manufacturing company based in Sangli.
- We have a manufacturing capacity of 250+ mattresses per month.
- We sell to retail outlets and individual customers. We have a large individual customer base and 12-15 furniture outlets.
- Promoter has 10 years of work experience in the industry.
- We will be registered as a private limited company in the next 6 months.
- We are Udhyam registered and have a license from the local municipality.
Products & Services Overview
Our products include mattresses, luxury sofa, carpets, loop mats, traditional cotton mattresses, luxury blankets, wall pieces.
Assets Overview
Our assets include business owned two floor premises of 2,700 sq feet, machinery, furniture, stock, electrical equipment, fixtures.
Facilities Overview
Owned 2-floors RCC building on 2,700 sq feet land area located in a residential area in Sangli.
Capitalization Overview
The business is completely self-funded, and we currently have no loans.
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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