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Sports Goods Store Seeking Loan in Vizianagaram, India

Sports shop located in a commercial area that sells sports equipment & accessories.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 22 thousand
EBITDA Margin 0 - 10 %
Industries Sports Goods Stores
Locations  Vizianagaram
Local Time 6:29 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: Funds will be used to open a new store in the same location as our current store.
Collateral Available: USD 0
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
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Business Name
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Business Overview

A sports shop that sells sports equipment and accessories related to cricket and volleyball. Our shop is located in a commercial area and on a daily basis, we serve 10-15 customers. We buy these sports products from 8-10 vendors located in Jalandhar, Ludhiana & Hyderabad. Business owned assets include stocks, furniture and furnishing.

Seeking funds to start another sports shops in the same area as our current shop. We are yet to identify the location to set up the new shop. After raising funds we would find a location, rent a facility and start a new store.

Products & Services Overview

Cricket bats, balls, volleyballs, shuttle bats.

Facilities Overview

Rented current shop of 400 sq. ft.

Capitalization Overview
Not Disclosed
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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