Machine Tools Business Seeking Loan in Esch-sur-Alzette, Luxembourg
Laser cutting and bending machines manufacturing business in Luxembourg, seeking funds for machinery and setup.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | USD 1.04 million |
| Run Rate Sales | USD 1.25 million |
| EBITDA Margin | 40 % |
| Industries | Machine Tools |
| Locations | Esch-sur-Alzette |
| Local Time | 5:56 AM Europe / Luxembourg |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.56 million
for
6.0%
annual interest,
5
years
(Native Currency: EUR 1,500,000)
Reason: Seeking funds for procuring the machinery and setting up a manufacturing plant.
Collateral Available: USD 1.56 million
Includes physical assets worth
USD
52 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Laser cutting and bending machines manufacturing start-up business, based in Luxembourg.
- Our existing business is laser cutting and bending of metal and other materials for various industries. Now, we want to venture into manufacturing of machines used for laser cutting and bending.
- Currently we have the business plan, we also have support from the ministry, so we want to start as soon as possible.
- We already have a clientele and a sure market as from our existing laser cutting and bending business.
- Have already received contracts from 5 of our clients from France, who are from the automotive industry.
- Additionally, we have 30 small local companies from Luxembourg and 10 from Germany.
- Our existing business is generating > EUR 1 million in annual turnover.
- We need funds for starting so that we can start with two shifts of production immediately as we already have the market as well.
- Our existing business is laser cutting and bending of metal and other materials for various industries. Now, we want to venture into manufacturing of machines used for laser cutting and bending.
- Currently we have the business plan, we also have support from the ministry, so we want to start as soon as possible.
- We already have a clientele and a sure market as from our existing laser cutting and bending business.
- Have already received contracts from 5 of our clients from France, who are from the automotive industry.
- Additionally, we have 30 small local companies from Luxembourg and 10 from Germany.
- Our existing business is generating > EUR 1 million in annual turnover.
- We need funds for starting so that we can start with two shifts of production immediately as we already have the market as well.
Products & Services Overview
Laser cutting and bending machines manufacturing.These machines are used to precisely cut through different types of metals and sheet metal fabrication.
Our current industrial clients will be 5 automotive companies from France.
Assets Overview
Our existing business has physical assets - machinery and equipment worth EUR 50k.We will procure machinery for the new business post funding.
Facilities Overview
We need to rent a facility with a minimum of 1,000m2 in Esch-sur-Alzette city.
Capitalization Overview
Business has no loans.We are self funding the business with two owners.
Recent Activity
-
Earlier than 15 daysDirector, Stuttgart, Business Broker connected with the Business
-
Earlier than 15 daysChief Technical Officer, Real Estate Development, London, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Retail, Mumbai, Corporate Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor contacted this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 115,500+ other businesses of all sizes.
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.
You might also be interested in these businesses