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Snack Manufacturing Business Seeking Loan in Nganjuk, Indonesia

Snacks manufacturing business seeks funds for drying machines with 5 tons per day capacity.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 - 100 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 23 %
Industries Snack Manufacturing
Locations  Nganjuk
Local Time 3:24 AM Asia / Jakarta
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 70 thousand for 9.0% annual interest, 1 year (Native Currency: IDR 1,150,000,000)
Reason: Currently, we are only able to produce chips. We produce 2 tons of wet tubes per day and 5-8 tons of... View More
Collateral Available: USD 23 thousand
Includes physical assets worth USD 200 thousand
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Business Overview

- The business focuses on developing the quality and quantity of oven chips from porang tubers.

- Serving buyers from 3 companies and several local businesses.

- We are constrained by funds to bring in machines with a capacity of 5 tons per day because last year's profits have been already invested in expanding raw material plants for us to produce so that we become a sustainable business.

- Selling the products under our own brand name.

- We have also partnered with exporters to export the products.

Products & Services Overview

1. We produce manual porang oven chip drying from wet bulbs (2 tons/day) and 4 tons of sun-dried chips/week during the harvest season between April-December.

2. Serving as the seller of seeds only when the planting season arrives.

Assets Overview

1 oven room, 1 slicer machine, 2 steam machines, 1 washing machine, 7 burners, 3 heater elements, 6 blowers, and 1 warehouse.

Facilities Overview

Oven space 6m x 4m x 2m, washing machine, steam, slicer, and stock storage warehouse in the southern part of the city.

1-floor space on rental and the warehouse owner also invests in purchasing stock during the production season.

Capitalization Overview

- Running the business with personal funds.

- From last year's sales we invested in plant expansion and from this year's sales, we are increasing stock reserves.

- There are 2 shareholders. Each of them owns a 50% share.

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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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