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Construction Machinery Business Seeking Loan in Riga, Latvia

Business based in Europe - Riga, Latvia, selling construction machinery, heavy vehicles and household goods.
- Business selling construction machinery and heavy vehicles such as dozers, loaders, excavators, pavers, compactors, dumpers, trucks. - Local banks keep their repossessed machinery and vehicles at our facility. At any given time the bank would have 100-300 assets at our facility. - We purchase some of the repossessed heavy vehicles from banks and we also import new vehicles from other countries. - We complete 300-400 deals each year. This includes 130-140 deals for machinery and trucks, plus 150-250 deals for attachments and accessories. - 70% of the products we sell are exported to USA, South America, Vietnam, Thailand and European countries. - Have a database of more than 2,000 customers. - Business has a professional team of salesmen who are working with the company since day one.
Business based in Europe - Riga, Latvia, selling construction machinery, heavy vehicles and household goods.
8.8   Riga
Run Rate Sales
USD 3.5 million
EBITDA Margin
12 %
Business Loan
USD 320 K at 12%
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