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Kitchen Appliances Company Seeking Loan in Satna, India

AC servicing company, seeking funds to set up manufacturing unit for RO systems.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 14 thousand
EBITDA Margin 30 %
Industries Kitchen Appliances
Locations  Satna
Local Time 4:12 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 11.8 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,000,000)
Reason: For setting up manufacturing unit.
Collateral Available: USD 5.3 thousand
Includes physical assets worth USD 5.9 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview
- We are into servicing of air conditioners and water purifiers, and have been running this business since 3 years.
- Have worked with more than 50 clients and government contracts in Madhya Pradesh, and are currently working on a project with Coal India.
- We have recently converted our proprietorship firm to a private limited company, and are planning to setup our own manufacturing unit for producing RO systems.
- Planning to give out franchise of our existing service department and completely focus on manufacturing our own products. Once we successfully start production, these existing franchise would receive dealership to sell our products.
- Promoters have more than 5 years of experience in mechanical servicing industry, and seeking funds to procure land and set up the manufacturing unit.
Products & Services Overview
AC servicing, planning to manufacture RO systems.
Facilities Overview
Rented space of 1,600 Sq. Ft.
Capitalization Overview
Not Disclosed
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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