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Profitable Natural Fabrics Business Seeking Loan in Sawai Madhopur, India

Cotton wicks manufacturing setup with a buy-back agreement seeks a business loan.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 6.6 thousand
Run Rate Sales USD 7 thousand
EBITDA Margin 20 %
Industries Natural Fabrics
Locations  Sawai Madhopur
Local Time 4:02 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 600 for 9.0% annual interest, 2 years (Native Currency: INR 50,000)
Reason: - Business took a hit during the rainy season as the yield rate fluctuates and due to its high deman... View More
Collateral Available: USD 0
Includes physical assets worth USD 400
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview

- A B2B cotton wicks manufacturing setup.

- We have a buy-back agreement with a company based in Delhi for 3 years.

- The facility has one wicks-making unit with a production capacity of 8 kg per day.

- Raw materials are purchased by the owner and then used for production.

- Business took a hit during the rainy season as the yield rate fluctuates and due to its high demand during this time it becomes difficult to purchase.

- Depending on the demand, sometimes additional labour is hired on a daily wage payment basis.

Products & Services Overview

B2B cotton wicks production set up with a signed buy-back agreement.

Assets Overview

Tangible:

- Cotton wicks machine.

- Raw materials.

Intangible:

- Agreement.

Facilities Overview

The unit is set up on the ground floor with a built-up area of 150 sq ft area. This property is owned by the individual.

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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