Sport Goods Business Seeking Loan in Kolkata, India
Kolkata-based business specializing in manufacturing park ride equipment and fibreglass statues seeks funding for expansion.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 315 thousand |
| Run Rate Sales | USD 283 thousand |
| EBITDA Margin | 4 % |
| Industries | Sport Goods |
| Locations | Kolkata |
| Local Time | 10:09 AM Africa / Abidjan |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
23.6 thousand
for
14.0%
annual interest,
15
years
(Native Currency: INR 2,000,000)
Reason: To expand the business and increase production capacity due to a rise in tenders.
Collateral Available: USD 0
Includes physical assets worth
USD
17.7 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Trade Licence
(157.4 KB)
GST Certificate
(100.6 KB)
Business Overview
- Based in Kolkata, the business specializes in manufacturing park ride equipment, fiberglass statues, and polishing products.
- Primary revenue streams come from the sale of park ride equipment and the manufacturing and polishing of fiberglass statues.
- The business mainly serves builders and government tender contractors, having worked with more than 20 clients.
- Securing local projects through tenders, the business maintains a team of 4 permanent employees and hires additional workers as required for projects.
- Play equipment and fiberglass polishing collectively contribute up to 70% of sales.
- Sales have decreased due to market fluctuations and changes in obtaining orders and tender contracts.
- The company possesses essential regulatory approvals and licenses, including the GST Certificate and Udyam license.
- Primary revenue streams come from the sale of park ride equipment and the manufacturing and polishing of fiberglass statues.
- The business mainly serves builders and government tender contractors, having worked with more than 20 clients.
- Securing local projects through tenders, the business maintains a team of 4 permanent employees and hires additional workers as required for projects.
- Play equipment and fiberglass polishing collectively contribute up to 70% of sales.
- Sales have decreased due to market fluctuations and changes in obtaining orders and tender contracts.
- The company possesses essential regulatory approvals and licenses, including the GST Certificate and Udyam license.
Products & Services Overview
The business's top-selling products include park ride equipment such as seesaws, merry-go-rounds, and swings, as well as the manufacturing and polishing of fiberglass statues. The primary clients are builders and government tender contractors.
Assets Overview
The business owns two manufacturing machines valued at INR 12 lakhs and other miscellaneous furniture, fixtures, and equipment worth INR 3 lakhs.
Facilities Overview
The facility located in Ghoshpara, Bengal, is rented for 15 years at a monthly rate of INR 19,500, covering an area of 7,000 square feet.
Capitalization Overview
- Self owned.- Self funded.
- No outstanding loan or debt.
Recent Activity
-
Earlier than 15 daysDirector, Real Estate, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysIndependent Advisor, Kolkata, Business Broker connected with the Business
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