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Solar Products Business Seeking Loan in Kallakurichi, India

Eco-friendly distributor of solar solutions, specializing in solar panels, batteries, and UPS systems.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 23.4 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin 15 %
Industries Solar Products
Locations  Kallakurichi
Local Time 9:53 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 58 thousand for 10.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: The owner is seeking a loan for business expansion and to purchase additional stock. The owner has r... View More
Collateral Available: USD 0
Includes physical assets worth USD 93 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
GST Certificate
Business Overview
- Based in Kallakurichi, this business excels in the electronic equipment and energy sectors, focusing on sustainable energy solutions like solar panels, solar batteries, and inverters.
- As a Livguard distributor, the business has built a robust distribution network, selling to 50 dealers and catering to over 100 customers weekly, showcasing strong market reach and customer satisfaction.
- A lean yet efficient team of 5 employees drives the company's operations, reflecting an agile and adaptable business model. These employees help with the delivery, management of the warehouse, and operate in shifts.
- The owner brings 16 years of expertise in electronics and communication, enhancing the business’s ability to provide specialized services in inverter/UPS/battery and solar products.
- The company maintains compliance and credibility with GST certification, ensuring transparent and trustworthy operations.
- With a focus on high-demand products like solar UPS systems, the business is well-positioned to capitalize on the growing shift towards renewable energy and sustainable practices.
- Leveraging key industry relationships and technical knowledge, the business supports its dealers and customers with high-quality, reliable energy solutions, fostering long-term partnerships and repeat business.
Products & Services Overview
The business specializes in the distribution of solar panels, solar batteries, and solar UPS, all from the Livguard brand.
Assets Overview
The tangible assets owned by the business include:
- Own office space worth INR 60 lakh.
- Stock of goods and office infrastructure.
Facilities Overview
The business operates from a 1,000 square feet owned facility. The facility hosts both an office and a storage facility.
Capitalization Overview
The business is owned by a sole owner.
The business is self-funded, and it utilizes credit from the manufacturers for placing orders.
Recent Activity
  • Earlier than 15 days
    Independent Advisor, Coimbatore, Commercial Real Estate Broker connected with the Business
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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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