Need help?

Agriculture Wholesale Business Seeking Loan in Nashik, India

Business engaged in onion trading with 12-15 companies as customers is seeking a loan.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 340 thousand
Run Rate Sales USD 203 thousand
EBITDA Margin 0 - 10 %
Industries Agriculture Wholesale
Locations  Nashik
Local Time 12:10 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 56 thousand for 12.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: Funds are required to purchase more products and to export the products to Dubai and gulfs countries... View More
Collateral Available: USD 45 thousand
Includes physical assets worth USD 17 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- We are mainly engaged in onion trading but also supply tomato, soybean, cabbage, and maize.
- We are authorized vendors in the APMC market and directly source from the products from farmers in the market.
- Currently, we supply the products to 12 to 15 companies. Few of our key clients are Reliance Retail Limited, Trent - Star Bazar, Big Bazar, Ninja Cart, Onato, Bijak and Praman.
- Our sales have dropped this year because the business supplied to more companies directly last year as well as due to lack of funds to purchase the products.
- Business has no loan and is run by a sole owner.
Products & Services Overview
Trading of onion, tomato, soybean, cabbage, and maize.
Assets Overview
Shed of 12,000 sq. ft. and basic tools is included in physical assets.
Facilities Overview
APMC market yard on lease, agreement for APMC land covering 12,000 sq. ft. area.
Capitalization Overview
The business has a single owner with complete control of the business.
INR 5L has been invested in the business and there is no debt or loans of any kind in the business.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
8 Investors already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more