Tile Store Seeking Loan in Pune, India
Retail and wholesale of tiles, sanitary ware and bathroom fittings seeks funding for expansion.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.7 million |
| Run Rate Sales | USD 2.03 million |
| EBITDA Margin | 10 % |
| Industries | Tile Stores |
| Locations | Pune |
| Local Time | 4:58 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.7 million
for
8.5%
annual interest,
15
years
(Native Currency: INR 150,000,000)
Reason: Debt consolidation and business expansion:
- New showroom purchase.
- Scale operations.
- Add a n...
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Collateral Available: USD 2.8 million
Includes physical assets worth
USD
2.8 million
Interested to connect with advisors
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Business Name
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Documents
Venture Debt Proposal Summary
(355.9 KB)
GST Certificate
(68.8 KB)
Business Overview
- Located in Pune, this tile store operates in the retail and wholesale sector, specializing in tiles, sanitary ware, and bathroom fittings.
- The business caters to a diverse customer base, including builders, contractors, and end-users looking to renovate their spaces, covering both B2B and B2C sales.
- On average, the store receives 40-50 one-time purchases monthly, along with 50 regular customers, showcasing a solid repeat business model.
- To enhance revenue streams, the business plans to introduce a dental polyclinic within the same property, run by a family member, expanding its service offerings.
- With an MSME GST registration, the business benefits from tax advantages that foster growth and scalability.
- Currently staffed by 15 permanent employees and additional part time staff, the company seeks funding for expansion to improve product lines and facilities, aiming to strengthen its market presence in Pune.
- Overall, the combination of product diversity, established customer relationships, and new service ventures positions the business for sustainable growth and profitability in the competitive tile retail market.
- We have invested in a new property and that is yet to start operations, we are not generating any revenue from this investment yet.
- The business caters to a diverse customer base, including builders, contractors, and end-users looking to renovate their spaces, covering both B2B and B2C sales.
- On average, the store receives 40-50 one-time purchases monthly, along with 50 regular customers, showcasing a solid repeat business model.
- To enhance revenue streams, the business plans to introduce a dental polyclinic within the same property, run by a family member, expanding its service offerings.
- With an MSME GST registration, the business benefits from tax advantages that foster growth and scalability.
- Currently staffed by 15 permanent employees and additional part time staff, the company seeks funding for expansion to improve product lines and facilities, aiming to strengthen its market presence in Pune.
- Overall, the combination of product diversity, established customer relationships, and new service ventures positions the business for sustainable growth and profitability in the competitive tile retail market.
- We have invested in a new property and that is yet to start operations, we are not generating any revenue from this investment yet.
Products & Services Overview
Jaquar CP and Sanitary Ware - used to make bathrooms.Johnson Tiles used in the flooring of residential and commercial spaces.
New dental polyclinic planned as part of the expansion in the same property.
Assets Overview
New showroom planned purchase (part purchased and part pending) will eventually amount to around INR 20-25 crores. - Have invested INR 15 crore at the moment.Stock/inventory of around INR 2 crore.
Residential property worth around INR 6-8 crore.
Facilities Overview
One rental showroom of ~ 1.500 sq ft.One more ownership showroom planned ~ 8,000 sqft (of which around ~3,400 sqft has already been purchased).
Capitalization Overview
Business is currently funded with its own capital and bank loans -CGTMSE = Rs 2.87 crore.
Supply chain finance limit = Rs 37.5 lakh.
LAP = Rs 87 lakh.
Business has a single owner.
Recent Activity
-
2 days, 2 hours agoManaging Partner, Pune, Financial Consultant connected with the Business
-
2 days, 3 hours agoIndependent Advisors, Delhi, Business Broker connected with the Business
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