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Real Estate Agency Seeking Loan in Kolkata, India

Curating bespoke property solutions delivering expert guidance for clients seeking their perfect homes or investments.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 11.5 thousand
Run Rate Sales USD 12.4 thousand
EBITDA Margin Operating at loss
Industries Real Estate Agencies
Locations  Kolkata
Local Time 1:36 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 58 thousand for 12.0% annual interest, 6 years (Native Currency: INR 5,000,000)
Reason: To restart the marketing and take up a few preferred and sole projects for marketing and enter the m... View More
Collateral Available: USD 0
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Business Overview
- Real estate agency based in Kolkata. We started operations last year and sold residential properties of under-construction projects.
- Starting with our own INR 5 lakh last year, we spent INR 1.8 lakh on advertising and about INR 10 lakh on salaries, and we made revenue of INR 10 lakh by selling under-construction properties in Kolkata in just 6-7 months.
- The properties we sold were under construction and the fund will come with the completion of the project.
- With this kind of marketing insights and a small but strong and loyal team we seek funds so that we can continue selling such projects all over West Bengal.
Products & Services Overview
Mass and mid size house selling via digital marketing and by generating organic leads via different portals and catering to all kinds of clients.
Assets Overview
The company does not own any tangible or intangible assets currently.
Facilities Overview
We operate from a small rented office in the Bhowanipore locality of Kolkata.
Capitalization Overview
The company has been bootstrapped until now. There are no loans or debts. There are 3 partners in the company with a partnership ratio of 40%: 40%: 20%.
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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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