Newly Established Conveyor Business Seeking Loan in Bangkok, Thailand
Niche conveyor chain manufacturing and supply start-up in Bangkok, seeking funding to start the manufacturing.
| Established | 0-1 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Conveyor |
| Locations | Bangkok |
| Local Time | 4:06 AM America / Chicago |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.08 million
for
5.0%
annual interest,
4
years
(Native Currency: THB 36,000,000)
Reason: Seeking funds to start the manufacturing process and take up contracts.
Customer driven business op...
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Collateral Available: USD 0
Includes physical assets worth
USD
600 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Niche conveyor chain manufacturing and supply start-up based in Bangkok.
- Will be supplied to automotive and glass bottle manufacturing companies, with a focus on clients such as BMW, Coca-Cola, OI Glass, and Bangkok Glass.
- Recent market consolidation has left the industry with only one major supplier, creating an opportunity for new players to enter the market and capture market share.
- The promoter is a Vice President of the largest company in US making this product and has a strong background in the industry and aims to leverage their expertise to spearhead the manufacturing operations, along with a team of experienced professionals from the same company.
- The company estimates annual revenue in the range of 8-10 million USD, with a robust EBITDA margin exceeding 28%, indicating strong potential for profitability and growth.
- The business owner is currently based in the USA, but the business is established in Thailand.
- Will be supplied to automotive and glass bottle manufacturing companies, with a focus on clients such as BMW, Coca-Cola, OI Glass, and Bangkok Glass.
- Recent market consolidation has left the industry with only one major supplier, creating an opportunity for new players to enter the market and capture market share.
- The promoter is a Vice President of the largest company in US making this product and has a strong background in the industry and aims to leverage their expertise to spearhead the manufacturing operations, along with a team of experienced professionals from the same company.
- The company estimates annual revenue in the range of 8-10 million USD, with a robust EBITDA margin exceeding 28%, indicating strong potential for profitability and growth.
- The business owner is currently based in the USA, but the business is established in Thailand.
Products & Services Overview
Products include conveyor chains for automotive and glass bottle making companies.Target clients - BMW, Coke, OI Glass, Bangkok Glass.
Assets Overview
Physical assets include the equipment and machinery procured till date.
Facilities Overview
Rented factory located in Free Trade Zone, Bangkok Thailand.
Capitalization Overview
Personal funding. Seeking additional funds to start the manufacturing.No external funding was taken.
Sole proprietorship business for now. Will partner with more individuals from the industry in the future.
Recent Activity
-
Earlier than 15 daysCOO, Bangkok, Financial Consultant connected with the Business
Tags:
Newly Established Conveyor Equipment Business Seeking Loan in Bangkok, Thailand
·Newly Established Conveyor Belt Business Seeking Loan in Bangkok, Thailand
·Lend to Newly Established Conveyor Equipment Business in Bangkok, Thailand
·Newly Established Conveyor Business Seeking Loan in Bangkok, Thailand
·Lend to Newly Established Conveyor Belt Business in Bangkok, Thailand
·Lend to Newly Established Conveyor Business in Bangkok, Thailand
·Newly Established Conveyor Equipment Business Seeking Loan
·Newly Established Conveyor Belt Business Seeking Loan
·Lend to Newly Established Conveyor Equipment Business
·Newly Established Conveyor Business Seeking Loan
·Lend to Newly Established Conveyor Belt Business
·Lend to Newly Established Conveyor Business
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