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Luxury Appliances Businesses Seeking Loan

Showing 1 - 1 of 1 Luxury Appliances Businesses Seeking Loan. Lend to a Luxury Appliance Business.

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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.
7.2   Ulaanbaatar
Run Rate Sales
USD 35 thousand
EBITDA Margin
20 %
Business Loan
USD 200 K at 15%
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