Kitchen Utensils Business Seeking Loan in Moradabad, India
Established | 10-20 year(s) |
Employees | 2 - 5 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 100 thousand |
Run Rate Sales | USD 100 thousand |
EBITDA Margin | 12 % |
Industries | Gifting + 1 more |
Locations | Moradabad |
Local Time | 4:42 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- An established manufacturer and supplier of Indian traditional handicraft products.
- Operates in both the domestic and export markets, with a majority of its revenue coming from exports.
- The domestic market includes 5 to 6 clients who are gifting companies based in Mumbai, Tamil Nadu, and Bangalore, with supply done on a quarterly basis.
- In the international market, the business has 6 clients, all gifting companies based in the US, Poland, and Italy, with supply occurring 3 to 4 times a year based on orders.
- Currently there are 3 to 4 pending export orders.
- Has a production capacity of 3,000 pieces per month.
- The business holds essential registrations including GST, MSME, and IEC, indicating compliance with necessary regulations and standards.
Product categories include - home decorative gifts, tableware, promotional gifts products, pharma promotional gifts, bar accessories, religious products, garden items, metal / wood furniture, home furnishings and copper products.
Top selling category is home decorative gifts.
Serving both domestic & international clients who are gifting companies.
Physical assets include inventory valued at INR 30 lakhs, manufacturing equipment and other office assets such as furniture, computers, etc valued at INR 15 lakhs.
Currently operating from an extension of own residential premises. No dedicated facility yet.
Business is self-funded.
Having bank cc limit.
Sole proprietorship business.
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1 week agoVP, Singapore, M&A Advisor connected with the Business