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Organic Farming Company Seeking Loan in Imphal, India

Organic store in Imphal selling local veggies with 4k+ customer-base seeks funds for new outlet.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 80 - 90 thousand
Run Rate Sales USD 90 thousand
EBITDA Margin Nil
Industries Organic Farming
Locations  Imphal
Local Time 10:40 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 240 thousand for 12.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: Require funds to open a new store open in Guwahati.
Collateral Available: USD 240 thousand
Includes physical assets worth USD 500 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Organic veggies store specializing in locally grown produce, including mushroom Bokchay, salad greens, and beans.

- Sourced from our own 10-acre farm, ensuring freshness and quality.

- Boasts a loyal customer base of over 4,000 individuals.

- All necessary licenses and permits, including GST and incorporation, are in place.

- Currently breaking even, indicating financial stability. We expect to be profitable at scale with inflow of capital.

- Promoters bring over 4 years of experience in the industry, ensuring knowledgeable leadership.

Products & Services Overview

Growing and selling Bokchay, salad greens, and beans.

We sell directly to nearby restaurants and through our retail outlet.

Assets Overview

Assets include:

Land, 2 hand pumps, furniture and fixtures. All assets are illiquid.

Facilities Overview

Own land, 10 acre for cultivation area and production area.

We have an exiting store in central Imphal which measures a sq ft area of 2,500, leased for 10 years. The details of the facility will be provided post introduction.

Capitalization Overview

2 shareholders with a 40-60 split.

Loan of INR 50 lakhs taken from a relative.

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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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