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Tobacco Shop Seeking Loan in New Delhi, India

Fastly growing e-commerce business that sells vapes in 3 countries with 12,000 customers.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity General Partnership
Reported Sales USD 234 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 29 %
Industries Ecommerce Websites + 1 more
Locations  New Delhi
Local Time 7:11 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 35 thousand for 36.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: -We are seeking a loan due to our increased demand of growth and we need to stock inventory to provi... View More
Collateral Available: USD 23.4 thousand
Includes physical assets worth USD 21 thousand
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Business Overview
- Online platform for selling vapes in UAE, UK, and India.
- We import our products from a well-known brand in China.
- We have total registrations of 12,000 customers on our website.
- Majority of our customers are based in India.
- Our average order value is INR 1,750.
- We have 43% customer retention and witnessing a 3% increase in sales per month with monthly sales of INR 25 lakhs and a net profit of 29 %
Products & Services Overview
Our products include vapes in different flavors (vanilla, caramel, Banana, etc) and cigars.
Assets Overview
Business owns inventory, packaging and few electronics and packaging equipment.
Facilities Overview
Rental warehouse of 400 sq feet with a monthly rent of INR 45,000 and rental agreement validity for 5 years.
Capitalization Overview
Business is currently bootstrapped. Equal partnership between 2 partners (mom and son duo). Business does not have any liabilities.
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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