Industrial Machinery Wholesale Business Seeking Loan in Manila, Philippines
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | General Partnership |
Reported Sales | USD 1.9 million |
Run Rate Sales | USD 400 thousand |
EBITDA Margin | 15 % |
Industries | Industrial Machinery Wholesale |
Locations | Manila |
Local Time | 1:20 AM Asia / Manila |
Listed By | Business Owner / Director |
Status | Active |
We have a wide preferred list and network of clients and customers in the industry both from the private sector and government.
With our dedicated team, robust infrastructure, and unwavering commitment to excellence, our company is poised to thrive in the dynamic and competitive market, setting new benchmarks and exceeding customer expectation.
Since Covid, our operations have been drastically reduced and now we need funds to scale the business.
We import machines and equipment directly from manufacturing suppliers and sell to contractors and dealers,
Majority of our clients are from the construction and mining industries. Some of them are from the logistics industry.
Sale and service of construction equipment, mining equipment, logistic equipment, sanitation equipment and machines.
Assets include inventory of units, parts, spares and equipment estimated at around PHP 15 to 20 million.
We are targeting a staging warehouse in Northern Mindanao for distribution throughout the entire Mindanao Island. Planning to buy the warehouse.
We currently have a rented warehouse.
Like many businesses, our company faced financial challenges during the Covid-19 pandemic due to insufficient funding and the industry being labeled as high risk by financial institutions. However, we have used this experience as an opportunity to learn, improve, and innovate our systems and strategies.
The business has no debt and has 5 partners from the same family.
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Earlier than 15 daysFounder & CEO, Chennai, M&A Advisor connected with the Business