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Agriculture Wholesale Business Seeking Loan in Karimganj, India

Wholesaler of fruits and vegetables with 100+ clients and an average daily sale of 20,000 tons of goods.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 900 thousand - 1 million
Run Rate Sales USD 1.4 million
EBITDA Margin 20 - 30 %
Industries Agriculture Wholesale
Locations  Karimganj
Local Time 12:55 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 590 thousand for 10.0% annual interest, 7 years (Native Currency: INR 50,000,000)
Reason: - Increase the apple procurement and supply since there is a huge demand. - Expansion of business t... View More
Collateral Available: USD 0
Includes physical assets worth USD 94 thousand
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Business Overview
- Fruit and vegetable wholesale business established in 2015.
- Sell an average of 20,000+ tons of goods every day worth INR 4 to 5 lakh.
- Have 100+ regular clients most of who are fruit wholesalers, retailers, and export middlemen.
- Procure goods from 200+ growers/farmers from around all around India.
- Hire 200+ contract laborers depending upon the requirement.
- Rent cold storage/warehouse chambers at their point of purchase for 3-4 months for seasonal products.
Products & Services Overview
Apple, grapes, mango, pomegranate, watermelon, kiwi, orange, tomato, ginger, dry fruits, etc.
Assets Overview
3 vehicles for transportation of goods owned by the business, and INR 60-65 lakh worth of inventory.
Facilities Overview
4 rented godowns with a total area of 2,000 sqft. We pay a total of INR 65,000 per month as rent.
Capitalization Overview
Not Disclosed
Recent Activity
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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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