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Optical Store Seeking Loan in Secunderabad, India

Optical store that has 70+ branded products and has served 5,000 customers is seeking a business loan.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 80 - 90 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 20 - 30 %
Industries Optical Stores
Locations  Secunderabad
Local Time 3:58 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 15.0% annual interest, 5 years (Native Currency: INR 3,000,000)
Reason: Expansion of the Product range and to repay some debts.
Collateral Available: USD 0
Includes physical assets worth USD 70 thousand
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Business Name
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Business Overview

- Have served more than 5,000 clients.

- Having 70+ brands of eyewear products.

- Growing at an average of 25% in the last four years.

- Also a BNI member in Hyderabad.

Products & Services Overview

All international brands available.

Facilities Overview

Total built up area is about 1,650 sq. ft.

Capitalization Overview
Not Disclosed
Recent Activity
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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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