Businesses Seeking Loan in Ulaanbaatar

Luxury Appliances Company Seeking Loan in Ulaanbaatar, Mongolia

Authorized dealers of several luxury commercial kitchen appliance brands seeking capital to set up an ice-cream chain.

- Engaged in the distribution of luxury commercial kitchen equipment including ice cream makers, soft serve machines, coffee machines, ovens, and dishwashers. - We are the authorized distributors for several well-known brands including Scotsman, Rancilio, Egro, Carpigiani, Merrychef, Lincoln and Krupps. - Sell our products across Mongolia and have 15 regular F&B clients. - We also have several maintenance contracts with our clients and offer extensive after-sales support and service. - Due to a significant slowdown in the Mongolian economy, our sales have dropped significantly. - However, the business is still financially healthy and is able to maintain healthy net margins of around 20% - Over the years, the promoter has built a strong understanding of the F&B space in Mongolia and seeks to leverage this to set up a soft-serve ice-cream chain in Ulaanbaatar, Mongolia. - The chain will be a network of kiosks in shopping malls, entertainment centers, and commercial districts.

6.5 Ulaanbaatar

Run Rate Sales

MNT 120 million

EBITDA Margin

20 %

Business Loan

MNT 700 Mn at 15% interest

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Real Estate Construction Company Seeking Loan in Ulaanbaatar, Mongolia

Real estate builders seeking funds for completing an office building construction project.

- We are a construction company having worked on many projects, including two projects awarded by Mongolian government. - Currently working on our new project for constructing an office building in the centre of Ulaanbaatar city in Mongolia. - We have potential buyers who are willing to acquire this building after construction. - The land and construction labor for this project is taken care by our own company. - We need funds to cover the operational cost and complete the construction.

5.1 Ulaanbaatar

Run Rate Sales

MNT 3 billion

EBITDA Margin

25 %

Business Loan

MNT 5 Bn at 3% interest

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There are 2 active and verified businesses seeking loan in Ulaanbaatar listed on SMERGERS as of 29 October 2020.
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