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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 360 thousand
Run Rate Sales USD 220 thousand
EBITDA Margin 0 - 10 %
Industries Agriculture Wholesale
Locations  Nashik
Local Time 10:29 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 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 50 thousand
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
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Business Name
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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
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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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