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Profitable MEP Construction Business Seeking Loan in Gandhinagar, India

Government contractor in HVAC sales and service with 20+ years of experience.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 55 thousand
Run Rate Sales USD 55 thousand
EBITDA Margin 40 %
Industries MEP Construction
Locations  Gandhinagar
Local Time 12:01 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.4 thousand for 12.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: Cash flow challenges are currently being faced by us due to pending payments worth around INR 30 Lak... View More
Collateral Available: USD 0
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Business Overview
- The company's operations include the sales and service of HVAC products such as split ACs, water coolers, chillers, ductables, and package air conditioning.
- In addition to product sales, the business provides annual maintenance services for government entities.
- There are currently 5 government contracts.
- The promoter brings over 15 years of experience in this field.
- It is a D-class contractor in the government of Gujarat's road and building department for electrical works.
- The business has served various government departments including the Health and Family Welfare Department, Road and Building Department, Sardar Sarovar Dam near Narmada Nigam, and Gujarat Technological University.
- We have all the necessary government approvals to operate this business.
Products & Services Overview
The business specializes in the sales and service of HVAC products such as split ACs, water coolers, and chillers in addition to providing annual maintenance services for government entities.
Assets Overview
The business does not have significant tangible assets.
There is a security deposit of INR 10 Lakhs in government departments.
Facilities Overview
Our office is located in a rental property in Gandhinagar with an area of 250 Sq ft for which we pay a rent of INR 7,000 per month.
Capitalization Overview
This is a sole proprietorship firm.
The company has a bank cash credit of INR 10 lakhs and the owner has a personal loan of INR 7 lakh.
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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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