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Spices Business Seeking Loan in Guntur, India

Company selling 10 varieties of red chilies to 4 local clients seeks a loan.

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
Overall Rating
Seeking Loan
USD 500 thousand for 12.0% annual interest, 5 years (Native Currency: INR 40,000,000)
Reason: Need funds to improve the cash flow.
Collateral Available: USD 0
Includes physical assets worth USD 500 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview

- 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.

Products & Services Overview

We are into selling of red chillies (10 varieties).

Assets Overview

Tangible assets include stock worth 4 crores.

Facilities Overview

Godown is located in the south of the city on a 1 acre of land with a monthly rent of INR 45,000.

Capitalization Overview

- Business has no loan.

- Business has one owner.

Recent Activity
  • Earlier than 15 days
    Global Business Advisor, Bangalore, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the 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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