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Agriculture Wholesale Company Seeking Loan in Ambur, India

Trader of agro products in wholesale especially garlic and onion seeks funding to buy warehouse.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 156 thousand
Run Rate Sales USD 400 thousand
EBITDA Margin 20 %
Industries Agriculture Wholesale
Locations  Ambur
Local Time 9:31 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 167 thousand for 10.0% annual interest, 7 years (Native Currency: INR 15,000,000)
Reason: To buy a business property i. e. warehouse/shop in a commercial area. Once the property is purchased... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.12 thousand
Interested to connect with advisors
Documents
Business Overview
- We are a dominant trader of agro products in the local market and district-wise and are planning to expand state-wise. The company has good turnover and is profitable.
- We source our products from 20+ suppliers and farmers in Maharashtra.
- Cater to 100+ clients which includes both individuals and businesses.
- Have experienced high growth recently due to the acquisition of new clients.
- We are the 3rd generation that is involved in the same business.
- Investors can buy property in their name and re-sell it to me with 9%-10% interest and make a sales deed for security of investment and to act as collateral.
- The property is located in the market area, the heart /Center of town, so worth of investment. No risk for investors.
- Property value is above INR 2Cr, but we are getting in bank auction for INR 1.6 Cr.
Products & Services Overview
Onion.
Garlic.
Ginger.
Potato.
Sambar Onion.
Peeled Garlic & Ginger.
Assets Overview
- Electrical appliances including fan, A/C, TV, CCTV, and furniture.
- Weigh scales.
Facilities Overview
- Have a rental facility, near Ambur market.
- Rent per month is INR 62,000.
- Sq ft is 3,600.
Capitalization Overview
- There is no loan/debts outstanding in the company.
- There are 3 shareholders with a 59 - 40 - 1 % split.
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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