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Agriculture Wholesale Business Seeking Loan in Karnataka, India

Wholesale paddy and rice trading business with collateral of INR 2 crore seeks a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 8 %
Industries Agriculture Wholesale
Locations  Karnataka
Local Time 4:07 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 180 thousand for 8.0% annual interest, 4 years (Native Currency: INR 15,000,000)
Reason: We want to grow our business. Our personal property worth almost INR 2 crore in Maski can be used a... View More
Collateral Available: USD 240 thousand
Includes physical assets worth USD 40 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Trader License
GST Certificate
Business Overview

- Producer and wholesaler of rice and paddy.

- We sell the produce from our own 70-acre farm and acquire more from farmers in the surrounding region.

- Pre-Covid we had buyers in Haryana and Tamil Nadu, but now all our customers are based in Karnataka.

- Our monthly sales volume fluctuates between 120-150 MT.

- We hire trucks and deliver the products to our customers.

- Our customers are wholesale buyers in the mandis.

Products & Services Overview

We sell wholesale paddy and rice. The paddy is processed by us as well.

Assets Overview

The business owns the godown and attached office. The property is valued at around INR 35 lakh.

Facilities Overview

We have an office and godown. The godown has an area of 2,200 sq. ft. The office is located on the godown premises and we own the premises.

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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