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Agriculture Wholesale Business Seeking Loan in Marikina, Philippines

Philippines-based business selling rice bags with consistent demand and strong clientele, seeks funding for expansion.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 13.7 thousand
Run Rate Sales USD 14.4 thousand
EBITDA Margin 30 %
Industries Agriculture Wholesale
Locations  Marikina
Local Time 8:27 PM Asia / Riyadh
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 34 thousand for 7.5% annual interest, 4 years (Native Currency: PHP 2,000,000)
Reason: Seeking funding to: * Purchase larger volumes of rice to meet increasing customer demand. * Acquir... View More
Collateral Available: USD 0
Includes physical assets worth USD 5.1 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Permit
Business Overview
- Located in Philippines, this business specializes in selling 25kg bags of rice along with a selection of mini groceries, catering to local and regional demand.
- The primary product line includes high-quality rice sourced directly from trusted manufacturers and suppliers, ensuring consistent availability for customers.
- Monthly income averages between 60,000 to 70,000 PHP, indicating a strong market presence and effective sales strategy.
- The client base consists mainly of businesses, which includes retailers and quick-service restaurants across various locations in Manila, Philippines.
- The business serves upto 100 clients, with order frequency that typically ranges from bulk purchases monthly to weekly, depending on client needs.
- The business is registered with the Department of Trade and Industry (DTI) and operates without any additional industry-specific licenses, ensuring compliance with local regulations.
- The business is based in the Philippines, but the promoter is currently traveling and is in Saudi Arabia.
Products & Services Overview
Top-selling product is high-quality rice, sold primarily in 25kg bags to meet the needs of local retailers, quick-service restaurants, and individual consumers across Manila.
In addition to rice, the business offers a selection of mini groceries.
Assets Overview
Physical assets include store equipment and available stock.
Facilities Overview
Operating from a rented store facility located in Metro Manila.
Capitalization Overview
Self-funded.
No outstanding loans or external funds raised.
Sole owner.
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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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