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Agriculture Wholesale Business Seeking Loan in Raipur, India

Agriculture wholesale business selling products under own brand name in 6 states seeking a loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 500 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 10 %
Industries Agriculture Wholesale
Locations  Raipur
Local Time 3:23 PM Asia / Kolkata
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 120 thousand for 10.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: Need funds to expand the business to new states and add more products to the business.
Collateral Available: USD 0
Includes physical assets worth USD 60 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview

- We are an agriculture product wholesale business. We sell products under our brand name.

- The products are either packed by our vendors or by our company.

- The packing capacity of the business depends on the product and the package size.

- Our products are sold in 6 states that are Odisha, West Bengal, Bihar, Uttar Pradesh, Maharashtra, and Delhi.

- Have a network of 30 vendors from whom we procure the products.

- We assign a manager in each state who takes care of procuring orders and onboarding clients as well as maintaining the distribution network.

- We are in the process of signing third-party contacts for pickles to be sold under our brand name.

- The sales of the business have been impacted by the lack of funds.

- We have a large number of employees as we need a lot of people for packaging and also for marketing operations.

- Promoter has 3.5 years of experience in the industry.

- We have FSSAI, GST, and barcode licenses.

Products & Services Overview

We sell rice, spices, chickpea flour and other products.

Assets Overview

The physical assets include stock, packing machines, furniture, small tools, and office supplies.

Facilities Overview

Have a 3-floor building with a total area of 9,000 Sq. Ft. in West Raipur. The building is owned by a family member.

Capitalization Overview

- The business is owned by a single owner.

- The business is funded by the promoter and his family.

- Business is debt-free.

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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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