Testing, Inspection & Certification Business Seeking Loan in Visakhapatnam, India
Instruments calibration business in Visakhapatnam with 200+ clients, seeks business loan for expansion.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 113 thousand |
| Run Rate Sales | USD 101 thousand |
| EBITDA Margin | 22 % |
| Industries | Testing, Inspection & Certification |
| Locations | Visakhapatnam |
| Local Time | 12:46 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
113 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 10,000,000)
Reason: To upgrade a few machines and improve the business.
Collateral Available: USD 0
Includes physical assets worth
USD
79 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Located in Visakhapatnam, this instruments calibration company operates in the testing, inspection & certification industry, catering to a diverse client spectrum of over 200 businesses.
- The clientele comprises a mix of industries requiring precise measurements and compliance with quality standards, ensuring a steady demand for calibration services.
- Revenue has dropped due to fewer orders so far. We expect to close the year at INR 1 Cr revenue.
- The company generates revenue through invoicing clients for calibration services, with fees ranging from INR 500 to 1 lakh, depending on the complexity and volume of services provided.
- The business holds a GST registration and is recognized as a Micro, Small, and Medium Enterprises (MSME), which can enhance its credibility and appeal to potential investors.
- The clientele comprises a mix of industries requiring precise measurements and compliance with quality standards, ensuring a steady demand for calibration services.
- Revenue has dropped due to fewer orders so far. We expect to close the year at INR 1 Cr revenue.
- The company generates revenue through invoicing clients for calibration services, with fees ranging from INR 500 to 1 lakh, depending on the complexity and volume of services provided.
- The business holds a GST registration and is recognized as a Micro, Small, and Medium Enterprises (MSME), which can enhance its credibility and appeal to potential investors.
Products & Services Overview
Calibration of measuring instruments and equipment being used in various industries such as steel, power, oil & gas and engineering companies.
Assets Overview
Assets include testing equipment, calibration machines, testing tools and furniture.
Facilities Overview
Rented space of 900 sq ft in Visakhapatnam.
Capitalization Overview
Single owner business with no liabities or loans.
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