Food Wholesale Company Seeking Loan in Doha, Qatar
Established | 1-5 year(s) |
Employees | 2 - 5 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 100 thousand |
Run Rate Sales | USD 160 thousand |
EBITDA Margin | 40 % |
Industries | Food Wholesale |
Locations | Doha |
Local Time | 10:26 PM Asia / Qatar |
Listed By | Business Owner / Director |
Status | Active |
- We are a food wholesale business.
- We have been operational for 4+ years.
- Import products from India and sell them to distributors in Qatar.
- Have registered as a supplier in major stores.
- Have 30-35 clients and each of our clients has 7-8 outlets.
- Products are procured from 13-15 vendors located in Tamil Nadu, Kerala, and Karnataka.
- Have excellent procurement capability and a strong business network.
- Promoters have 4+ years of experience in the industry.
- Business has a registration certificate.
We import groceries, sweets, snacks, and organic products from leading brands in India targeting Indian customers in Qatar. We distribute to leading hypermarkets and supermarkets.
Asset is mostly all about stock as the LOB is the movement of goods from India to Qatar stores. Other assets include laptops, printers, tablets, storage cabinets, supplier registration investments, barcode registration investments, etc.
We have a rented office and space located in the business hub. The current facility can handle up to 1.5 T which is sufficient for handling air cargo. We are in the process of bigger facility to accommodate 25 T as future consignments are going to be in sea freight. We are looking for a bigger space. More details will be shared with the investor.
Total partners 3 with the following stakes:
Partner 1 - 50%
Partner 2 - 25%
Partner 3 - 25%
All partners have funded. Except for a small hand loan we have not availed of any bank loan.
Will disclose the details to the investor.
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Earlier than 15 daysProprietor, Iron And Cement Dealer, Guntur, Individual Investor / Buyer connected with the Business