6.5 / 10
 Valmiera

Business sells engine oils, lubricants and spare parts of agricultural machinery and has 300 customers.

Key Business Facts
Yearly Sales USD 65 thousand
EBIDTA Margin 30 %
Industries Petroleum Product
Locations  Valmiera
Business Overview
Company runs a shop in Latvia that sells engine oils, lubricants and spare parts of agricultural machinery and tractors. Our customers are farmers and we have over 300 customers. Most of our customers are repeat clients. We buy the oils and spare parts from 4-5 vendors.
Generate 60% revenue from engine oils & lubricants and remaining 40% from spare parts. The owner has 8 years of experience in oil trading business and has gained good knowledge and expertise over the years. Our run rate revenue has dropped due to COVID-19.
Products & Services Overview
Sells engine oils, lubricants and spare parts of agricultural machinery and tractors.
Assets Overview
Goods / stock, equipment and furniture, Ford Transit.
Seeking Loan
USD 32 thousand for 17.0% annual interest, 5 years (Native Currency: EUR 30,000)
Reason: - Buy more goods in order to increase the volume of goods that our firm sells. - We also plan to de... View More
Collateral Available: USD 32 thousand
Includes physical assets worth USD 47 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business