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Soft Furnishing Store Seeking Loan in Chittagong, Bangladesh

Soft furnishing store selling lifestyle and home decor products receiving more than 100 daily customers.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 380 thousand
Run Rate Sales USD 380 thousand
EBITDA Margin 36 %
Industries Soft Furnishing Stores
Locations  Dhaka + 1 more
Local Time 4:20 PM Asia / Dhaka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 530 thousand for 10.0% annual interest, 9 years (Native Currency: BDT 50,000,000)
Reason: I have a loan facility with a bank which is not sufficient for business expansion. I want all loan t... View More
Collateral Available: USD 320 thousand
Includes physical assets worth USD 530 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
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Business Overview

- Soft furnishing business having two stores in Chittagong and Banani road, Dhaka selling lifestyle and home decor products.

- Our products includes chair set, frames, sofas, tables, drawers and other decor products.

- We have round 20-30 vendors and manufacturers from whom we import. 85% of the products are imported from China.

- On an average, each store receives more than 100 customers on a daily basis.

- We also get 50-80 daily orders through our website.

- Have 4.5 star rating on Facebook with 145K followers.

- Promoter has 14 years of product sourcing experience in China.

Products & Services Overview

Chair set, frames, sofas, tables, drawers and many other decor products.

Facilities Overview

Two physical outlets, one in Chittagong and other in Dhaka.

Chittagong store: Rented space with two floors, 700 Sq Ft ground floor and 2nd floor is 1,250 Sq Ft.

Dhaka Store: Rented 2,500 Sq Ft space on 2nd floor.

Both premises are on lease for 10 & 5 years.

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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