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Profitable Equipment & Supplies Rental Company Seeking Loan in Bangalore, India

Rental furniture and home appliances company with 48+ clients seeks loan for business expansion.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 90 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin 40 %
Industries Equipment & Supplies Rental + 1 more
Locations  Bangalore
Local Time 6:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 160 thousand for 16.0% annual interest, 3 years (Native Currency: INR 13,000,000)
Reason: We need a loan to expand our inventory and enhance our technology infrastructure, supporting our gro... View More
Collateral Available: USD 0
Includes physical assets worth USD 34 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Website
GST Certificate
Udyam Certificate
Business Overview

- The company has successfully built a robust client base with a total of 48 clients. This demonstrates the company's ability to attract and retain customers, highlighting its reputation in the market.

- We operate on a rental real estate model, generating revenue through leasing properties. This model provides a consistent income stream and has the potential for scalability as the property portfolio expands.

- We have a valid UDYAM and GST registration. Although the company is registered in Haryana, the GST is registered in Bengaluru, and our primary operations are from Bengaluru.

- The founders are seasoned entrepreneurs with experience in rental real estate, property management, tenant relations, hospitality marketing, product design, digital marketing and the co-living business model. They have a wealth of experience spanning 25 years.

Products & Services Overview

Our company specializes in renting out furniture sets (1RK, 1BHK, 2BHK), essential home appliances like washing machines and refrigerators, Smart TVs, and sofas. These products are particularly popular among young professionals, students, newlyweds, and temporary residents who seek convenient and cost-effective furnishing solutions.

Assets Overview

Tangible assets:

Inventory of furniture & electronics items.

Intangible assets:

Website and all it's relevant assets.

Facilities Overview

Business is operating in the rental warehouse in Bangalore with 500-2,000 sq ft are (based on usage).

Head office is operated on 1 floor in Whitefield, Bangalore.

The sq ft area of the office is 500.

Rent per month is INR 20k+35k.

Capitalization Overview

Business is completely bootstrapped.

No debts or loans on the business.

Company is owned by 2 Shareholders with each holding 50%

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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