Spices Business Seeking Loan in Guntur, India
Established | 5-10 year(s) |
Employees | 10 - 50 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 1.4 million |
Run Rate Sales | USD 1.4 million |
EBITDA Margin | 9 % |
Industries | Spices |
Locations | Guntur |
Local Time | 5:53 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- The company is located in Guntur, a well-known hub for the production and trade of red chillies. This location provides strategic access to local suppliers and clients in the region.
- With a team of 10 employees, the company specializes in selling 10 varieties of red chillies, catering to both local and international markets. This diverse product range allows the company to meet the specific demands of its clients.
- The company serves a wide clientele, including retailers locally and clients in Malaysia, Thailand, and Colombo. This demonstrates the company's ability to manage and fulfill orders across different geographical locations.
- Business model involves direct procurement from 35 farmers, showcasing a strong and direct supply chain network. This direct sourcing approach may provide the company with cost efficiencies and quality control measures.
- The possession of GST, MSME, and IEC certificates underlines the company's compliance with relevant regulations and its eligibility for various government schemes and export opportunities.
We are into selling of red chillies (10 varieties).
Tangible assets include stock worth 4 crores.
Godown is located in the south of the city on a 1 acre of land with a monthly rent of INR 45,000.
- Business has no loan.
- Business has one owner.
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Earlier than 15 daysGlobal Business Advisor, Bangalore, Financial Consultant connected with the Business
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business