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Tile Store Seeking Loan in Kolkata, India

Company providing project tiles to 10 local small-scale builders and developers seeks a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 2.9 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin 12 %
Industries Construction Supplies Wholesale + 1 more
Locations  Kolkata
Local Time 1:56 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: Need funds to purchase more stock. Order is in bulk but lack of funding results in declining orders.
Collateral Available: USD 0
Includes physical assets worth USD 9.4 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Trade License
GST Certificate
Business Overview
- Started with no experience but has extreme growth with a good chain of promoters, brokers, and tile workers.
- Currently have 10 builders who we supply our products to.
- We have 2 manufacturers supplying the products to us.
- The average order value is INR 4,00,000 to 4,50,000.
Products & Services Overview
Vitrified floor and wall tiles, project tiles for promoters, and interior decorators.
Assets Overview
Tangible assets include office furniture and stock worth INR 7 lakhs.
Facilities Overview
Located in the east of the city on 700 sq ft of godown area with a monthly rent of INR 11,000/-
Capitalization Overview
- The business is funded through personal funds.
- The company is a sole proprietorship and has an OD limit of INR 3 lakhs.
- Company has no business loan.
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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