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Profitable Kitchen Utensils Business Seeking Loan in Visakhapatnam, India

Manufacturers of aluminium utensils supplying to 45 clients seeks a loan.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 28.7 thousand
Run Rate Sales USD 65 thousand
EBITDA Margin 40 %
Industries Kitchen Utensils
Locations  Visakhapatnam
Local Time 5:54 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: Need funds to purchase own factory.
Collateral Available: USD 60 thousand
Includes physical assets worth USD 60 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Manufacturing capacity is 20 tonnes monthly.
- Raw materials are procured from scrap dealers. We melt them and convert them into new utensils.
- Currently supply to 45 clients who are wholesalers are retailers.
- Promoter has 9 years of experience in this industry.
- Have GST and Udyam Registration.
Products & Services Overview
Manufacturers of Aluminium kitchenware utensils, kadai, buckets, etc.
Assets Overview
Tangible- stock worth INR 10 lakhs, machinery, tools, and equipment.
Facilities Overview
Factory is located in the south of the city on a 1,056 square feet area. It is rented.
Capitalization Overview
- Funded by personal money at present.
- No loan.
Recent Activity
  • Earlier than 15 days
    VP, Singapore, Financial Consultant connected with the Business
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1 Investor already contacted this Business. Register below to connect now!
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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