Profitable Paint Store Seeking Loan in Changaramkulam, India
Established paint retailer with a 5 crore turnover and daily average of 100+ store walk-ins.
| Established | 50-60 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 25 thousand |
| Run Rate Sales | USD 25 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Paint Stores |
| Locations | Changaramkulam |
| Local Time | 6:17 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
29 thousand
for
10.0%
annual interest,
8
years
(Native Currency: INR 2,500,000)
Reason: We require this funding for business expansion by opening new counters to bill more.
Collateral Available: USD 58 thousand
Includes physical assets worth
USD
123 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Business Overview
- The business is involved in the reselling of painting products of all the leading decorative paint brands.
- Located in Changaramkulam, Kerala, the business serves approximately 50 painters and multiple walk-in customers on a daily basis, indicating a steady and consistent customer base.
- With a turnover of approximately 5 crore rupees, the business is considered one of the top-performing retailers in the region.
- The company has territorial rights within Changaramkulam to sell specific products of Sheenlac and Birla brands, providing a competitive edge and exclusivity in the market.
- The business primarily operates as a B2C enterprise, catering to an average of 100 walk-in customers per day.
- The company deals with renowned brands such as Asian Paints, Indigo Paints, MRF Paints, Sheenlac Paints, Birla Paints, and JK Paints, indicating a diverse product portfolio and a wide range of offerings to customers.
- The business takes advantage of its strategic location, Kerala since it is one of the biggest markets for paint and allied products in India.
- Located in Changaramkulam, Kerala, the business serves approximately 50 painters and multiple walk-in customers on a daily basis, indicating a steady and consistent customer base.
- With a turnover of approximately 5 crore rupees, the business is considered one of the top-performing retailers in the region.
- The company has territorial rights within Changaramkulam to sell specific products of Sheenlac and Birla brands, providing a competitive edge and exclusivity in the market.
- The business primarily operates as a B2C enterprise, catering to an average of 100 walk-in customers per day.
- The company deals with renowned brands such as Asian Paints, Indigo Paints, MRF Paints, Sheenlac Paints, Birla Paints, and JK Paints, indicating a diverse product portfolio and a wide range of offerings to customers.
- The business takes advantage of its strategic location, Kerala since it is one of the biggest markets for paint and allied products in India.
Products & Services Overview
- We resell decorative painting products for all new buildings and restoration / repair projects.- Deals with top brands including Asian Paints, Indigo Paints, MRF Paints, Sheenlac Paints, Birla Paints, and JK Paints.
Assets Overview
Tangible assets include INR 1 Crore of inventory and around INR 5 Lakhs worth of machinery and vehicles.
Facilities Overview
Our store is in a rented building and with a built up area of around 3,000 sq ft approx for which we pay a rent of INR 1,000 per day.
Capitalization Overview
The business is family-owned and funded presently by the owners and private banks. There are 2 business partners for the entity with no particular equity split between them.There are loans of about INR 30 Lakhs in the company.
Recent Activity
-
Earlier than 15 daysOwner, Kochi, Financial Consultant connected with the Business
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