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Construction Material Wholesale Company Seeking Loan in Kadur, India

Established construction business needing working capital to expand operations and take on more projects.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 170 thousand
Run Rate Sales USD 190 thousand
EBITDA Margin 0 - 10 %
Industries Construction Material Wholesale + 1 more
Locations  Kadur
Local Time 1:34 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 36 thousand for 12.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: Need working capital to increase the number of projects we can work on simultaneously. We need the f... View More
Collateral Available: USD 0
Includes physical assets worth USD 30 thousand
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Business Overview

- Business involved in the design and construction of residential real estate, trading construction supplies, and providing labor for construction projects.

- The business has successfully completed 95-100 houses in and around Kadur in the last six years.

- Have the ability to work on simultaneous projects and this fund will help us expand our abilities.

- Only 4 full-time employees while the other workers are hired on a project basis.

Products & Services Overview

• Trading construction supplies and raw materials like cement, steel, paints, electricals, and plumbing fittings.

• Services - building construction.

• Civil contractor.

• Labour contractor.

Our top-selling service is building construction, specifically the construction of houses.

Assets Overview

Office equipment like computers, furniture, stationary, machinery; two vehicles, and some stock of raw material.

Facilities Overview

We operate from a rented office here in Central Kadur.

Capitalization Overview

Initially, when the business was established as a proprietorship (six years ago), 50% of the funds were from bank loans. The other 50% was funded by the owner.

We have converted to a private limited company now that the scale of the business has increased.

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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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