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Wood Products Business Seeking Loan in Vijayawada, India

Company into carving on wood that has catered to over 200 customers seeks a loan.

Established 20-30 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 14 thousand
Run Rate Sales USD 14 thousand
EBITDA Margin 20 %
Industries Wood Products
Locations  Vijayawada
Local Time 3:42 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 6 thousand for 10.0% annual interest, 3 years (Native Currency: INR 500,000)
Reason: Need funds for purchasing new machinery.
Collateral Available: USD 0
Includes physical assets worth USD 6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Labour License
Business Overview

- The company has a strong customer base, having catered to over 200 customers, mainly builders and architects.

- Procures wood from 4 vendors, with a focus on teak and rosewood for carving.

- Holds a Labour license and a municipality license, ensuring compliance with regulations.

- The promoter brings 25 years of experience in the industry, providing valuable expertise and knowledge.

- Employs 4 full-time carpenters to carry out the carving work.

Products & Services Overview

We are into carving on wood products.

Assets Overview

Tangible assets include wood cutting machine, planner machine, mixer machine, screws, etc.

Facilities Overview

The workshop is located in the north of the city on a 144 sqft area with a monthly rent of INR 6,000.

Capitalization Overview

- Single owner.

- No loan.

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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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