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Internet Business Seeking Loan in Bangalore, India

Interior Design & Furniture brand for middle & upper middle class.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity General Partnership
Reported Sales USD 870 thousand
Run Rate Sales USD 2.77 million
EBITDA Margin 20 - 30 %
Industries Furniture + 2 more
Locations  Bangalore
Local Time 4:43 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 162 thousand for 15.5% annual interest, 4 years (Native Currency: INR 14,000,000)
Reason: We are seeking OD facility and thus we are paralally approaching banks for similar reason.
Collateral Available: USD 0
Includes physical assets worth USD 173 thousand
Interested to connect with advisors
Business Overview
We've been awarded with prestigious "Best of Houzz awards 2014" which goes out to say how much we've understood the home furnishing and interior industry; Googling for us gives you an idea of our expertise in this industry. We put the same learning and market understanding into designing and delivering some of the best furniture as standalone products on our ecommerce platform. We tend to stand different from other online furniture companies as as all of them are into retail only.
Products & Services Overview
Furniture Design.
Furniture Manufacture & Delivery.
Furniture Assembly.
Furniture Service.
Interior Decoration.
Space Planning & Designing.
Facilities Overview
Factory Area: 15000 Sft - Advance Paid: 12 L - Rent: 1.1 L.
Office 1 Area: 4000 Sft - Advance Paid: 6 L - Rent: 75k.
Office 2 Area: 2000 sft - Advance Paid: 4 L - Rent: 35k.
Office 3 Area: 1600 Sft - Advance Paid: 6 L - Rent: 50k.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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