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Tools and Housewares Company Seeking Loan in Hosur, India

Cookware manufacturing business with a manufacturing capacity of 2,000+ pieces daily seeking debt investment.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 480 thousand
Run Rate Sales USD 285 thousand
EBITDA Margin 0 - 10 %
Industries Tools and Housewares
Locations  Hosur
Local Time 6:24 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 60 thousand for 11.0% annual interest, 15 years (Native Currency: INR 5,000,000)
Reason: Funds will be used as working capital and for marketing.
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- We are a cookware manufacturing business.
- Have 1,00,000+ customer database.
- Manufacturing capacity of the business is 2,000+ units per day.
- We sell the products directly to the end customers and receive 50-100 orders daily.
- There are 2 partners in the business with equal shares.
- Business is debt-free.
- The sales of the business have decreased due to a lack of funding.
Products & Services Overview
Cast iron cookware.
Clay cookware.
Bronze cookware.
Assets Overview
Physical assets include computers and raw materials.
Facilities Overview
Rental of 3,900 sq. ft. warehouse. Can store up to 50,000 units.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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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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