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Alcoholic Beverages Company Seeking Loan in Bhubaneswar, India

Seeking-Loan: IMFL alcohol supplier & home furnishings business seeking loan to meet working capital requirements.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 5 million
Run Rate Sales USD 4.3 million
EBITDA Margin 10 %
Industries Alcoholic Beverages
Locations  Bhubaneswar
Local Time 9:41 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1 million for 15.0% annual interest, 5 years (Native Currency: INR 80,000,000)
Reason: Need funds for business expansion and meeting working capital requirements.
Collateral Available: USD 800 thousand
Includes physical assets worth USD 120 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Three main business verticals:

1. IMFL alcohol supply to government contributing to 74% of revenue.

- We have a valid government-lice for supply.

- Have 2 suppliers in Hyderabad.

2. Interior furnishing goods accounting for 20% of revenue.

- Serving 15-20 B2B clients in Odisha.

- Offering products like furniture, kitchen items, plastic goods, and home furnishings.

3. Gift card services generate 6% of revenue.

- Sales declined this year due to a shortage of working capital.

- Promoter has 4 years of experience in the business.

- Outsourcing is part of our business strategy.

Products & Services Overview

- Supplier of IMFL alcohol to the Government of Odisha.

- Engaged in an interior home furnishings business.

- Government agencies are the primary clients of the alcohol business.

- The home furnishing business primarily serves the people of Odisha.

Assets Overview

Business assets include inventory, furniture and fixtures.

Facilities Overview

1. Warehouse space:

- Size: 5,000 square feet.

- Monthly rent: INR 40,000.

2. Office space:

- Size: 4,000 square feet.

- Monthly rent: INR 1.6 lakhs.

Capitalization Overview

1. The business has two shareholders.

2. Share ownership is divided equally with a 50-50 split.

3. No loans are currently in place, except for a car loan with a monthly interest payment of INR 68,000 and an outstanding amount of INR 7 lakhs.

Recent Activity
  • Earlier than 15 days
    Director, Ahmedabad, Merchant Bank connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    Head Of Customer Relationship, Mumbai, Financial Consultant connected with the Business
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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