Vending Machine Manufacturing Businesses Seeking Loan

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Vending Machine Manufacturing Business Seeking Loan in Maharashtra, India

Manufacturer and supplier of sanitary vending machines and incinerators, having 400+ clients pan India.
- We procure raw materials from local vendors and have tied up with manufacturing units for making the components. - Assembly of the machines is done at our rented shop and we currently assemble 300 machines on a monthly basis. - We have 400+ clients pan India including Hindustan Unilever, Mahindra & Mahindra, and we also provide machine assembly services to 10+ clients (other vending machine brands). - Have installed over 2,000 machines since inception, and there are over 1,00,000 female users between the age of (11 years & 50 years) both in rural and urban India, in less than 2 years of sales. - Have 10 permanent staff, and 20+ contract employees for reselling and on-site installation and servicing. - Competition is limited and we have a good lead in the corporate & education sector, especially in one of the states that we operate. - Menstrual hygiene & sanitation (both for the user & for the environment) is a USD 992.8 million dollar industry expected to grow at 15.4% (CAGR) between 2019-2024. - We started our operations much later post our incorporation since we spent significant time in market research, development & design of products, and vendor acquisition. - Business owned assets include computers and assembly equipment.
Manufacturer and supplier of sanitary vending machines and incinerators, having 400+ clients pan India.
7.8   Maharashtra
Run Rate Sales
INR 1.9 crore
EBITDA Margin
20 - 30 %
Business Loan
INR 1.5 Cr at 15% interest
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