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Profitable Industrial Machinery Wholesale Business Seeking Loan in Kumta, India

Company involved in wholesale of industrial machinery based in Kumta seeks investment for business expansion.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 40 %
Industries Industrial Machinery Wholesale
Locations  Kumta
Local Time 8:37 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 175 thousand for 18.0% annual interest, 3 years (Native Currency: INR 15,000,000)
Reason: Business expansion through opening of a new branch.
Collateral Available: USD 11.7 thousand
Includes physical assets worth USD 175 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- We are wholesalers of agricultural machinery in Kumta.
- Average footfall is around 50-60 customers on a daily basis.
- We supply machinery from 10 suppliers and well-known brands.
- This is a consistent business with good profit margin.
- Promoter has 4 years of experience in this field and solely owns the company.
- We have an outstanding bank loan with SBI of INR 3 lakhs with no defaults or overdue.
- Require additional loan for business expansion to keep our working capital unaffected.
Products & Services Overview
We provide sales and service of agricultural machinery.
Assets Overview
Physical assets include stock and office furniture.
Facilities Overview
Have a rented office of 500 square feet and a rented warehouse of 1,000 square feet.
Capitalization Overview
Not Disclosed
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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