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Textiles Wholesale Company Seeking Loan in Mysore, India

Newly established home appliance and textile products trading firm in Mysore seeking capital to expand operations.
This transaction has concluded.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 3.6 thousand
EBITDA Margin 2 %
Industries Textiles Wholesale + 1 more
Locations  Mysore
Local Time 10:09 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.4 thousand for 20.0% annual interest, 3 years (Native Currency: INR 200,000)
Reason: To expand operations and setup the showroom.
Collateral Available: USD 1.2 thousand
Includes physical assets worth USD 240
Interested to connect with advisors
Documents
Business Overview

- Engaged in retail sale and wholesale of textile products, apparel and home appliances.

- We primarily sell home appliances like air conditioners, air coolers and refrigerators which we source from a network of distributors.

- We also offer servicing and installation services for all the products we sell.

- At present we work out of a small office and get orders primarily through WhatsApp and Facebook.

- We are looking to move into a 1,800 sq. ft. showroom space in Mysore and are in the final stages of negotiations.

Products & Services Overview

Dress materials, apparels, textile products, air coolers, air conditioners and refrigerators.

Facilities Overview

Work out of a small office space. We have identified an 1,800 sq. ft. showroom space in Mysore which we intend to move into shortly.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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