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Agriculture Wholesale Business Seeking Loan in Virar, India

Exotic vegetables supplier to star hotels and clubs in Mumbai.
This transaction has concluded.

Established 10-20 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 90 - 100 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 0 - 10 %
Industries Agriculture Wholesale
Locations  Virar
Local Time 8:28 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 18 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: Expansion to other cities which are in and around Mumbai.
Collateral Available: USD 0
Includes physical assets worth USD 1.2 thousand
Documents
Udyog Adhaar
Business Overview

- We are suppliers of exotic vegetables to star class hotels, operating in Mumbai.

- Supplying almost 50 exotic vegetables depending on the season.

- All our vegetable supplies are farm fresh and are procured on a regular basis from over 25 farm houses located in Nasik, Pune, Satara, Ooty, Bangalore.

- We have more than 10 clients. Most of them are star hotels and elite & prestigious clubs.

- Our key clientele include Ramada group of hotels, Yogi executive, Yogi Metropolitan, Royal Tulip, Acres Club, Bombay Exhibition Cente, Mayfair Banquet.

- Our supply volume is over 300 Kgs of vegetables in a day.

- For our logistics services, we have hired 2 supply vehicles on a monthly basis.

- All other employees are on contract basis.

- Promoter has over 5 years of experience in the relevant field.

- Company has a robust growth rate having started with only Rs 13 lakh of revenue in the first year of establishment which has grown to over Rs. 80 lakh in the previous financial year.

Products & Services Overview

- Exotic, Imported vegetables which are used in continental, Italian and Chinese food.

Facilities Overview

Office space of 100 Sq. Ft. in Dadar, on lease.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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