Snack Manufacturing Business Seeking Loan in Coimbatore, India
57 year old banana & potato chips manufacturer, exporting abroad as well seeks investment.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 118 thousand |
| Run Rate Sales | USD 212 thousand |
| EBITDA Margin | 20 % |
| Industries | Snack Manufacturing |
| Locations | Coimbatore |
| Local Time | 10:25 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
29.5 thousand
for
12.0%
annual interest,
2
years
(Native Currency: INR 2,500,000)
Reason: Funding will be used for working capital requirements so that the business can focus on fulfilling c...
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Collateral Available: USD 29.5 thousand
Includes physical assets worth
USD
35.4 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Currently the business has over 50 clients including foreign clients as well. The business exports to the US, UK and Dubai at the moment.
- Our company receives pre-orders worth more than INR 50L per month.
- Due to Covid the business slowed down and we were forced to start at new premises since last year.
- The company produces about 1 ton per day but this capacity can go to about 3 tons per day at full capacity.
- Our company receives pre-orders worth more than INR 50L per month.
- Due to Covid the business slowed down and we were forced to start at new premises since last year.
- The company produces about 1 ton per day but this capacity can go to about 3 tons per day at full capacity.
Products & Services Overview
- FSSAI certified Banana & Potato chips manufacturer serving a range of individual and retail clients from India and abroad. The company has been in business for about 57 years.- Banana chips are the best selling products in the business.
Assets Overview
Physical assets:- Machinery & equipment.
Intangible assets:
- Brand.
Facilities Overview
Operations are run from a 4,500 square feet rented shed in Coimbatore.
Capitalization Overview
The business is self funded and has 3 partners with each partner holding an equal share of the business. There are no loans at the moment.
Recent Activity
-
1 week, 2 days agoCo-Founder, Ecommerce, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysSenior Director Consulting, IT, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysGeneral Manager, Financial Advisory, Dubai, Individual Investor / Buyer connected with the Business
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Contact Business
1 Investor contacted this Business this month.
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