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Profitable Home Furnishings Wholesale Business Seeking Loan in Hyderabad, India

Hyderabad based manufacturing of plastic chairs receiving 3,000+ orders monthly in amazon.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 173 thousand
Run Rate Sales USD 280 thousand
EBITDA Margin 40 %
Industries Home Furnishings Wholesale
Locations  Hyderabad
Local Time 11:03 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 46 thousand for 20.0% annual interest, 3 years (Native Currency: INR 4,000,000)
Reason: The promoter wants to expand the business by adding more manufacturing centers. Considering the high... View More
Collateral Available: USD 0
Includes physical assets worth USD 17.3 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
Business Overview
- Business involved in the wholesale distribution of plastic chairs under its own distinct brand.
- We supply only the raw materials, while the manpower and machinery are outsourced from manufacturing hubs.
- We have tied up with 3 manufacturing units.
- There are 20 designs of chairs but only 4 designs have been listed on Amazon so far.
- Revenue is solely generated from online sales via Amazon.
- Profit margins are high since the markup on each product sold is more than 100%.
- Business holds GST certificate as a regulatory approval.
- Business requires 4 employees to manage the current operations.
- Recent addition of new designs has generated high sales.
Products & Services Overview
We sell plastic and iron chairs through Amazon.
Assets Overview
- Inventory- INR 10 lakh.
- 4 Vehicles (two-wheelers) - INR 5 lakh.
Facilities Overview
- The facility occupies a 3,000 square foot area on the ground floor and is under a 3-year lease agreement.
- It is located in the central part of Hyderabad.
Capitalization Overview
- The business operates as a sole proprietorship, with the promoter holding a 100% ownership stake.
- Business has an ongoing loan of INR 6 lakh and will be repaid within one year.
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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