Profitable Household Electronics Repair Business Seeking Loan in Salem, India

- Business is a home appliances repair & service company located in Salem, Tamil Nadu.
- The company employs a team of 6 individuals and specializes in the installation and repair of a wide range of home appliances including ACs, refrigerators, water heaters, washing machines, and RO filters, catering to both individual and corporate clients.
- Company has a substantial customer base, servicing 300 to 500 customers on a monthly basis and also providing maintenance services to 2 corporate clients.
- The business primarily acquires customers through platforms like Just Dial and Google Business, indicating a strong online presence and marketing strategy.
- The company is registered with GST and MSME certificates, ensuring compliance with necessary regulations and certifications for operations.
- Business is seeking funding for expansion, with the possibility of opening a new office in Chennai, operations can begin immediately after receiving the funding and plans to commence loan repayment within 2 months of receiving the funding.
- Promoter has 7 years of industry experience, plans to expand operations by opening a new office in Chennai, leveraging existing contacts and expertise in the market.