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    Profitable Chocolate and Confectionery Business Seeking Loan in Kingston, Jamaica

    Candy shop receiving 100-15 customers daily seeks a loan.
    Established 10-20 year(s)
    Employees 2 - 5
    Legal Entity Sole Proprietorship/Sole Trader
    Reported Sales USD 90 - 100 thousand
    Run Rate Sales USD 60 thousand
    EBITDA Margin 20 - 30 %
    Industries Chocolate and Confectionery
    Locations  Kingston
    Local Time 4:49 PM America / Jamaica
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.4 / 10
    Compare with industry
    Seeking Loan
    USD 16 thousand for 11.0% annual interest, 3 years (Native Currency: JMD 2,500,000)
    Reason: Need funds to buy more products.
    Collateral Available: USD 0
    Includes physical assets worth USD 16 thousand
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Business Overview

    - Our sales last year were about JMD 15 million but the sales have dropped since we do not have enough capital.

    - Currently supplying to 40-60 wholesalers.

    - Also have a store where we receive around 100-150 customers daily.

    - 70% of the revenue is generated through store business and 30% of the revenue is generated through wholesale business.

    - Around 5 companies supply the products to us.

    - The promoter has 6 years of experience in this industry.

    Products & Services Overview

    Candy, helium balloons, school supplies, and party supplies.

    Assets Overview

    Tangible assets include stock worth JMD 1 million, racks, and glass showcases.

    Facilities Overview

    The storefront is in a shopping mall with 25 other shops. It is on a 1,400 sqft area. We pay a monthly rent of JMD 180k.

    Capitalization Overview

    - Sole proprietorship business.

    - Self-funded business.

    - No debts or liabilities.

    Recent Activity
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    Profitable Chocolate and Confectionery Business Seeking Loan in Kingston, Jamaica

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    Profitable Chocolate Business Seeking Loan in Kingston, Jamaica

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    Profitable Chocolate and Confectionery Business Seeking Loan

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    Lend to Profitable Chocolate Business in Kingston, Jamaica

    ·

    Lend to Profitable Chocolate and Confectionery Business

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    Profitable Chocolate Business Seeking Loan

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    Lend to Profitable Chocolate Business

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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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