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Tile Store Seeking Loan in Aranthangi, India

Established tile store in Karaikudi with 20+ suppliers and B2B operations seeks funds for inventory.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales USD 680 thousand
Run Rate Sales USD 680 thousand
EBITDA Margin 15 %
Industries Tile Stores
Locations  Karaikudi + 1 more
Local Time 1:35 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 230 thousand for 2.0% annual interest, 2 years (Native Currency: INR 20,000,000)
Reason: We require funds to buy more stock.
Collateral Available: USD 0
Includes physical assets worth USD 460 thousand
Interested to connect with advisors
Business Overview
- The company is involved in distributing high-quality tiles, stones, natural stones, and Simpolo tiles.
- The company has premium tile products and unique stones.
- 2 branches located in Pudukottai and a head office in Karaikudi.
- The company has 20 suppliers who are wholesalers and distributors.
- B2B sales to builders and engineers.
- Holds licenses for GST and UDYAM.
Products & Services Overview
Tile store with 2 branches and B2B operations.
Assets Overview
Assets include:
Stock and inventory, furniture and fixtures.
All assets are illiquid.
Facilities Overview
Head office in North Karaikudi.
5,000 sq ft facility.
INR 50k/month is the rent.
Capitalization Overview
Sole proprietorship.
OD INR 1.5 cr outstanding.
Self funded operations.
Recent Activity
  • Earlier than 15 days
    Relationship Manager, RBL Bank, Chennai, Bank connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Individual Advisor, Chennai, Financial Consultant connected with the Business
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Contact Business
3 Investors already contacted this Business. Register below to connect now!
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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