Agriculture Wholesale Business Seeking Loan in Surat, India

- The business is focused on the export of fresh fruits and vegetables, primarily operating in Surat, with plans to expand into new products.
- Currently, the business has 2-3 clients, one each in Dubai, Surat, and Navi Mumbai, with a regular basis order from a local and international neighbourhood country.
- The company has the necessary export license and FSSAI certification.
- Procurement of products is from two suppliers in Nasik and Navi Mumbai.
- The owner's uncle has extensive experience in the export-import (EXIM) business in Saudi Arabia (KSA), providing valuable knowledge and insights into the business.
- With a focus on the center of selling area in Dubai and neighbouring countries such as Saudi Arabia, Oman, and Yemen, the business aims to capitalize on these markets for growth opportunities.
- The business currently operates with a margin of 15-18% and is seeking to expand its product line beyond fresh fruits and vegetables, such as green chili, pomegranate, and lemon.
- As a relatively new business, it has been operational since the end of last year and is yet to report any sales, indicating potential for significant growth and development in the coming years.
- Given the nature of the business, we hire labourers from time to time as the need may be depending upon the order size.