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Agriculture Wholesale Company Seeking Loan in Hassan, India

Organic vegetables and fruits wholesaler in Karnataka with a strong distribution network seeks expansion funds.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 345 thousand
Run Rate Sales USD 650 thousand
EBITDA Margin 10 %
Industries Agriculture Wholesale
Locations  Hassan
Local Time 9:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3.3 million for 13.0% annual interest, 15 years (Native Currency: INR 300,000,000)
Reason: We are looking for this loan in order to facilitate our expansion ideas-: INR 10 crore would be use... View More
Collateral Available: USD 1.1 million
Includes physical assets worth USD 550 thousand
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Business Overview
- The business operates in the agriculture wholesale industry, specializing in the procurement and distribution of fresh organic vegetables and fruits.
- Located in Hassan, the business serves as a key player in the agricultural wholesale market within Karnataka mainly delivering its products to Bangalore.
- With a team of 49 dedicated employees, the business demonstrates a commitment to operational efficiency and productivity.
- The product and service offerings include fresh organic vegetables and fruits, catering to the demands of wholesalers and delivery chains such as Big Basket and other similar entities.
- The recent addition of a mushroom unit has proven to be a lucrative investment, yielding a remarkable 300x margin within a 3-month period.
- Despite facing challenges related to water scarcity, the business has exhibited resilience by generating substantial revenue from the sales of leafy vegetables.
- The business has established strong partnerships with major players in the market, currently serving over 300 wholesalers and demonstrating a robust distribution network.
- While operations were limited in the previous year, the business is now strategically positioned to embark on an expansion phase, capitalizing on the growth potential within the industry.
- The leadership team boasts extensive experience, with the directors collectively possessing decades of industry knowledge and expertise, positioning the business for sustainable growth and success.
Products & Services Overview
Fresh organic vegetables and fruits, are bought by wholesalers and other delivery chains like Big Basket and more.
Assets Overview
Tangible assets include-: Owned 13 acre agricultural land, machinery and infrastructure built on the property.
Facilities Overview
The farmland owned in Hasan is where operations are run from. It is 13 acres of land. Our company is registered in Chennai but operations are run from our farm in Hassan.
Capitalization Overview
Three owners hold 60-20-20 of the share of the business respectively. There are no loans for this business at the moment.
Recent Activity
  • Earlier than 15 days
    Founder And Principal Strategist, Mumbai, M&A Advisor connected with the Business
  • Earlier than 15 days
    Executive Director, New Delhi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Founder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
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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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