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Tile Store Seeking Loan in Kolkata, India

Company providing project tiles to 10 local small-scale builders and developers seeks a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 3 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 12 %
Industries Construction Supplies Wholesale + 1 more
Locations  Kolkata
Local Time 4:47 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: Need funds to purchase more stock. Order is in bulk but lack of funding results in declining orders.
Collateral Available: USD 0
Includes physical assets worth USD 10 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Trade License
GST Certificate
Business Overview

- Started with no experience but has extreme growth with a good chain of promoters, brokers, and tile workers.

- Currently have 10 builders who we supply our products to.

- We have 2 manufacturers supplying the products to us.

- The average order value is INR 4,00,000 to 4,50,000.

Products & Services Overview

Vitrified floor and wall tiles, project tiles for promoters, and interior decorators.

Assets Overview

Tangible assets include office furniture and stock worth INR 7 lakhs.

Facilities Overview

Located in the east of the city on 700 sq ft of godown area with a monthly rent of INR 11,000/-

Capitalization Overview

- The business is funded through personal funds.

- The company is a sole proprietorship and has an OD limit of INR 3 lakhs.

- Company has no business loan.

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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