Soft Furnishing Store Seeking Loan in Mumbai, India

Non operational carpet seller and exporter looking for funds to re-start the operation.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Locations
Local Time
10:30 PM Mumbai
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 13 thousand for 12.0% annual interest, 4 years (Native Currency: INR 1,000,000)
Reason: To re-start the operations.
Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Selling carpets in domestic and Gulf countries.

- Our business was running well from 2005 but due to a dispute, it was shut down in 2014. We are now looking to re-start our operation.

- While operational, we were making a sales of approx INR 1 Crore.

- Seeking funds to start again and we would also want to operate via online website.

- Carpets will be manufactured through a 3rd party manufacturer and will be stored at our rented Godown in Uttar Pradesh.

Products & Services Overview

Floor Carpets.

Facilities Overview
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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