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Fire Business

presented by October Spain

€210,000

6.5%

36 months

B

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location

Location

Madrid, Spain

activity

Activity

Commerce

Presentation of the company

Created in 2021 Fire Business Sl. is active in the retail sale of furniture, lighting equipment and other household articles in specialised stores  sector. The company, based in Madrid, has 15 employees. Since 2022 it is managed by Luis Reyes.

Main activities:

– Supply, installation and maintenance of fire-fighting equipment

The company works with a diversified base of corporate clients to which they provide a mandatory service. Low concentration and high recurrency.

Fire Business SL is the continuation of the company Extintores Clemente ,company founded in 1988.

Project description

The Company requests 210 000 € over 36 months, with 3 months deferred period (see details below) to finance the geographical expansion of the company. This project will be realised in the next few months. The amount offered on the platform is limited to 102 900 € which is in line with the regulatory limits.