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    Electric Equipment Wholesale Business Seeking Loan in Kolkata, India

    Kolkata-based electric wholesaler seeking a business loan to start manufacturing as well.
    Established 1-5 year(s)
    Employees 10 - 50
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales USD 120 thousand
    Run Rate Sales USD 170 thousand
    EBITDA Margin 10 %
    Industries Electric Equipment Wholesale + 1 more
    Locations  Kolkata
    Local Time 5:32 AM Asia / Kolkata
    Listed By Business Owner / Director
    Status Moderately Active
    Overall Rating
    5.7 / 10
    Compare with industry
    Seeking Loan
    USD 60 thousand for 15.0% annual interest, 5 years (Native Currency: INR 5,000,000)
    Reason: To start large-scale manufacturing and sell our products pan-India.
    Collateral Available: USD 0
    Includes physical assets worth USD 50 thousand
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Business Overview

    - Wholesaler of electrical items based in Kolkata.

    - Get stock from our suppliers in Delhi.

    - We have about 10-15 SKUs.

    - Average product margin is 30-40%

    - Supply to retailers and contractors.

    - We also do some small-scale production and assembly.

    - Seeking funds to grow the business and begin manufacturing at a large scale.

    Products & Services Overview

    We wholesale a wide variety of electrical items like tube lights, lights, bulbs, and fans.

    Our top-selling product is the 9W bulb.

    Assets Overview

    Tangible assets:

    - Stock worth INR 30 lakh.

    - 4-5 laptops and office furniture worth INR 10 lakh 50 lakh including.

    Facilities Overview

    We have rented an office cum-godown of 1,000 sq. ft. in Kolkata. The monthly rent is INR 20,000.

    Capitalization Overview

    - There are no existing loans, however, we've recently applied for an INR 10 lakh stock financing loan.

    - Sole proprietorship firm.

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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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