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Home Appliances Businesses Seeking Loan in Santiago

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Home Appliances Business Seeking Loan in Santiago, Chile

Online retail business specializing in home appliances, seeking funding to expanding into the US market.
The business operates in the online retail market, specializing in home appliances. - The company's revenue is primarily generated from marketplaces with instant payment options, and it maintains a dedicated marketing team to promote products on social networks. - Products are sourced from Chinese manufacturers, and the customer base is mainly located in Chile, with 25% of sales originating from the company's own physical store and website, and the remaining from popular marketplaces in Latin America such as Amazon, Falabella, Ripley. com, Mercado Libre etc. - The business has initiated expansion efforts into the US market, with a focus on Amazon and Walmart as key platforms for growth. - The company's strategic focus is on attracting customers seeking quality products at competitive prices. - The business has established strong relationships with major retailers and has a proven track record of successful sales and marketing efforts in the retail sector. - There are 12 permanent employees, who are sufficient to manage the business operations, logistics personnel are outsourced. - Business has all the necessary licenses, including the business registration and import-export license. - The promoter is currently in the US, but the business is headquartered in Chile.
7.8   Santiago
Run Rate Sales
USD 1.6 million
EBITDA Margin
10 - 20 %
Business Loan
USD 5.2 Mn at 11%
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Home Appliances Business Seeking Loan in Santiago, Chile

Online retail business specializing in home appliances, seeking funding to expanding into the US market.
The business operates in the online retail market, specializing in home appliances. - The company's revenue is primarily generated from marketplaces with instant payment options, and it maintains a dedicated marketing team to promote products on social networks. - Products are sourced from Chinese manufacturers, and the customer base is mainly located in Chile, with 25% of sales originating from the company's own physical store and website, and the remaining from popular marketplaces in Latin America such as Amazon, Falabella, Ripley. com, Mercado Libre etc. - The business has initiated expansion efforts into the US market, with a focus on Amazon and Walmart as key platforms for growth. - The company's strategic focus is on attracting customers seeking quality products at competitive prices. - The business has established strong relationships with major retailers and has a proven track record of successful sales and marketing efforts in the retail sector. - There are 12 permanent employees, who are sufficient to manage the business operations, logistics personnel are outsourced. - Business has all the necessary licenses, including the business registration and import-export license. - The promoter is currently in the US, but the business is headquartered in Chile.
7.8   Santiago
Run Rate Sales
USD 1.6 million
EBITDA Margin
10 - 20 %
Business Loan
USD 5.2 Mn at 11%
Contact Business
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