Retail Shop Seeking Loan in Koror, Palau
Seeking loan: Furniture and lighting rental business with 15+ monthly customers and strong social-media presence.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | INR 49 lakh |
| EBITDA Margin | 30 - 40 % |
| Industries | Retail Shops |
| Locations | Koror |
| Local Time | 10:32 PM Pacific / Palau |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
INR
17 lakh
for
10.0%
annual interest,
5
years
(Native Currency: USD 20,000)
Reason: Need funds to expand and buy inventory.
Collateral Available: INR 17 lakh
Includes physical assets worth
INR
17 lakh
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Tax Certificate
(78.8 KB)
Business Overview
- We currently serve 15 clients per month.
- The business owns all the equipment and rents them to the customer. s.
- We hold tax, trade, and food and beverage licenses.
- Our margins are high due to increasing popularity in the local area.
- All of our current clientele is acquired through Instagram and Facebook, with ongoing efforts to develop our website.
- The business owns all the equipment and rents them to the customer. s.
- We hold tax, trade, and food and beverage licenses.
- Our margins are high due to increasing popularity in the local area.
- All of our current clientele is acquired through Instagram and Facebook, with ongoing efforts to develop our website.
Products & Services Overview
- The company operates in the business of renting out tents, chairs, tables, musical instruments, and lights.- Customers include locals, hotels, and bars.
Assets Overview
- The business's assets consist of:1. Two vehicles.
2. Warehouse space for storage.
3. One boat.
Since our assets are not liquid we need funds to buy inventory.
Facilities Overview
1. Office space comprises 1,000 square feet.2. Monthly rent amounts to $500.
Capitalization Overview
1. Obtained a startup small business loan of $15,000 from the bank.2. The business has a sole shareholder.
3. The owner is using their own funds to support the business.
Recent Activity
-
Earlier than 15 daysCertified Line Electrician, Power Generation And Supplier, Tamuning, Individual Investor / Buyer connected with the Business
Tags:
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·Newly Established Retail Shop Seeking Loan
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