Sports Goods Store Seeking Loan in Jaipur, India
Gym equipment wholesale and maintenance business needs funds for a digital makeover of the business.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 26.7 thousand |
| Run Rate Sales | USD 26.7 thousand |
| EBITDA Margin | 10 % |
| Industries | Sports Goods Stores |
| Locations | Jaipur |
| Local Time | 11:09 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
22 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 2,000,000)
Reason: The owner feels that the business needs to develop its digital abilities to become agile.
The funds...
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Collateral Available: USD 0
Includes physical assets worth
USD
5.6 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Business involved in wholesale, maintenance, and servicing of gym equipment in Rajasthan and Western Uttar Pradesh.
- B2B business with a few retail clients after Covid. We mostly sell equipment to gyms.
- Business has managed to stay profitable through the last 2 years with 2 income streams:
• Sale of gym equipment to retail customers.
• Servicing gym equipment for retail customers.
- Maintenance services give recurring revenue to the business.
- Have 30+ wholesale clients in Jaipur and Agra.
- Sales are done through the owner's extensive network in North India.
- Owner has 11 years of work experience in this industry.
- B2B business with a few retail clients after Covid. We mostly sell equipment to gyms.
- Business has managed to stay profitable through the last 2 years with 2 income streams:
• Sale of gym equipment to retail customers.
• Servicing gym equipment for retail customers.
- Maintenance services give recurring revenue to the business.
- Have 30+ wholesale clients in Jaipur and Agra.
- Sales are done through the owner's extensive network in North India.
- Owner has 11 years of work experience in this industry.
Products & Services Overview
Treadmill, air bike, spin bike, cross trainer, home gym, cable cross, tumble, and rods.
Assets Overview
The business owns office furniture and maintenance spares worth INR 5 lakh.
Facilities Overview
We have rented offices in Jaipur and Agra.
Capitalization Overview
Not Disclosed
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