Tools and Housewares Business Seeking Loan in Kannur, India
Brass handicrafts manufacturing and selling business planning to expand our business in various cities.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 420 thousand |
| Run Rate Sales | USD 500 thousand |
| EBITDA Margin | 40 % |
| Industries | Tools and Housewares + 1 more |
| Locations | Kannur |
| Local Time | 8:46 AM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
360 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 30,000,000)
Reason: To open more outlets starting from a branch in Bangalore.
Existing assets are essential for busines...
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Collateral Available: USD 0
Includes physical assets worth
USD
600 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
(254.7 KB)
Business Overview
The business specializes in the manufacturing and retail sale of custom brass and copper items, including diya, antiques, and god idols.
We manufacture a few items in-house and procure others from 3rd party manufacturers.
Almost all the business investment is in brass and copper metal, that’s why we have no risk for the future.
Have 4 retail stores in Kerala. Each store receives 20-30 customers per day. Opening a new shop in Bangalore.
Have partnerships with 50 manufacturers.
Manufacturing space is being run with 10 workers. We manufacture 20-30 pieces per day.
We manufacture a few items in-house and procure others from 3rd party manufacturers.
Almost all the business investment is in brass and copper metal, that’s why we have no risk for the future.
Have 4 retail stores in Kerala. Each store receives 20-30 customers per day. Opening a new shop in Bangalore.
Have partnerships with 50 manufacturers.
Manufacturing space is being run with 10 workers. We manufacture 20-30 pieces per day.
Products & Services Overview
Manufacturing of custom brass and copper items.Retail sale of brass diya, brass antiques, and god idols.
Assets Overview
Main assets are INR 4 cr worth of inventory across all showrooms and INR 1 cr worth of factory, machinery and factory inventory.
Facilities Overview
Have 4 rented branches in different cities of Kerala.Own a small manufacturing unit in Kerala.
Capitalization Overview
We have only one OD account in HDFC Bank amounting to INR 30 lakh.Business has 2 partners.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysOwner, Kochi, Financial Consultant connected with the Business
Tags:
Tools and Housewares Business Seeking Loan in Kannur, India
·Lend to Tools and Housewares Business in Kannur, India
·Handicraft Shop Seeking Loan in Kannur, India
·Tools Business Seeking Loan in Kannur, India
·Painting Shop Seeking Loan in Kannur, India
·Antique Shop Seeking Loan in Kannur, India
·Tools and Housewares Business Seeking Loan
·Art Gallery Seeking Loan in Kannur, India
·Lend to Handicraft Shop in Kannur, India
·Lend to Tools Business in Kannur, India
·Lend to Painting Shop in Kannur, India
·Lend to Antique Shop in Kannur, India
·Lend to Tools and Housewares Business
·Lend to Art Gallery in Kannur, India
·Handicraft Shop Seeking Loan
·Tools Business Seeking Loan
·Painting Shop Seeking Loan
·Antique Shop Seeking Loan
·Art Gallery Seeking Loan
·Lend to Handicraft Shop
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