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Solar Products Business Seeking Loan in Bhatiya, India

Seeks loan: Well-established Gujarat-based electrical-equipment trading business with a strong offline and online sales presence.

Established 5-10 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 12 thousand
Run Rate Sales USD 8.6 thousand
EBITDA Margin 20 %
Industries Portable Motors and Generators + 1 more
Locations  Bhatiya
Local Time 3:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 30 thousand for 12.0% annual interest, 3 years (Native Currency: INR 2,500,000)
Reason: We require this funding as working capital for our industrial solar panels retailing. We already hav... View More
Collateral Available: USD 0
Includes physical assets worth USD 14.3 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- The business operates in the electrical equipment industry and is located in Bhatiya, Gujarat.
- It primarily focuses on trading various electric products such as submersible pumps, cables, monoblock pumps, solar panels, and controllers, catering to both businesses and individual farmers.
- The company has been operational since 2017 and has a partnership with an Australian premium solar company to sell solar rooftop panels.
- On average, the business sells approximately 20 pieces of motors per month, depending on customer requirements.
- It utilizes online platforms such as IndiaMART for sales, generating an average annual revenue of INR 50,000 to 1 lakh, in addition to serving 95 regular large-scale offline customers.
- The business is looking to invest in new machines to replace its regular large-scale customers and expand its operations.
- The revenue is generated both offline and online, with offline sales contributing to 75% of the total revenue and online sales contributing to the remaining 25%.
- The sales of the business are expected to increase as the motor sales are expected to go up in this season.
- The company is registered with a GST certificate and a Udyam certificate.
Products & Services Overview
The business's top-selling products:
- Submersible pumps, cable, monoblock pumps, solar panels, and various controllers.
The products are sold to other businesses and individual farmers.
We also provide services such as installation and servicing of our products.
Assets Overview
Tangible assets: 1 lathe machine, 1 drilling machine, 1 grinding machine, and 1 cutting machine. Stocks of motors and solar panels.
Facilities Overview
We have 2 owned adjacent shops on the main road side and 1 godown in the back side of the shop which has a dimension of 50x50 ft or 2,500 sqft where we store various materials.
The facility is located in Bhatiya, Gujarat.
Capitalization Overview
The business has a mortgage loan of INR 24 lakh and is a sole proprietorship.
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3 Investors viewed this Business this week. Register below to connect now!
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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