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Staffing Company Seeking Loan in Bangalore, India

Staffing business in Bangalore with 1–5-year contracts and a strong client base with giants.

Established 5-10 year(s)
Employees 1000 - 5000
Legal Entity Private Limited Company
Reported Sales USD 4 million
Run Rate Sales USD 4.85 million
EBITDA Margin 17 %
Industries Staffing
Locations  Bangalore
Local Time 9:31 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 115 thousand for 10.0% annual interest, 2 years (Native Currency: INR 10,000,000)
Reason: The loan will be used for business expansion and for marketing purposes.
Collateral Available: USD 0
Includes physical assets worth USD 58 thousand
Name, Phone, Email
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Business Name
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Documents
Business Overview
1. The staffing business is located in Bangalore and currently employs 1,800 individuals, providing staffing services primarily to clients in the industrial sector.
2. The business has secured long-term contracts with 10 clients, including notable companies such as Flipkart, Max, and Lifestyle warehouses.
3. Services offered by the business include providing a workforce for loading, unloading, and various management positions in the mentioned warehouses.
4. Business operates under 1 and 5-year contracts, indicating a stable and consistent revenue stream from its strong client base.
5. The company manages the distribution of contract payments and employee salaries, streamlining the staffing process for its clients. The business generates its revenue based on a commission cut from the salaries and sometimes from the contract fees paid by the busines owners.
6. The business holds a valid GST certificate and is compliant with tax filings, ensuring regulatory adherence and financial transparency.
7. The staffing services cater to a diverse range of roles, including loaders, unloaders, managers, HR personnel, and team leaders, reflecting the business's ability to provide comprehensive staffing solutions.
Products & Services Overview
Our services are mainly used by Flipkart, Max, and Lifestyle warehouses for loading, unloading, and management positions.
Assets Overview
The physical assets owned by the business are:
1. 1,000 sq. ft owned office: 30 lakhs.
2. Office set-up: 20 lakhs.
Facilities Overview
The business operates from a self-owned office of 1,000 sq. Ft near Hoskote, Bangalore.
Capitalization Overview
The company currently has 2 shareholders with a 60/40 shareholding pattern and does not have any debts.
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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