Agriculture Wholesale Company Seeking Loan in Ramanagara, India
Business engaged in agricultural produce wholesale to 200 retailers in Ramnagara, Karnataka.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | USD 82 thousand |
| EBITDA Margin | 25 % |
| Industries | Agriculture Wholesale |
| Locations | Ramanagara |
| Local Time | 7:48 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
102 thousand
for
18.0%
annual interest,
3
years
(Native Currency: INR 9,000,000)
Reason: The funds will be used as working capital to start wholesale trading of coconuts. The coconuts will ...
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Collateral Available: USD 0
Includes physical assets worth
USD
230
Interested to connect with advisors
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(61.0 KB)
Business Overview
- Wholesale business trading fruits and vegetables in Ramnagara.
- Vegetables & fruits are purchased from 20 - 25 suppliers and sold to around 200 retailers in the APMC market.
- The promoter sells about 25 - 50 crates of fruits and vegetables per day.
- These are perishables and are sold on a day to day basis.
- Seeking to expand our trading portfolio by adding coconut wholesale trading.
- The coconuts will be sourced from Mysore and sold in Bangalore.
- We expect our turnover to increase to INR 4 lakh per month with the addition of coconuts.
- However, our overall operating margins are expected to drop to 10% from 25% as coconut wholesale is a low-margin business.
- Promoter has experience of 8 years in agricultural produce wholesale.
- Vegetables & fruits are purchased from 20 - 25 suppliers and sold to around 200 retailers in the APMC market.
- The promoter sells about 25 - 50 crates of fruits and vegetables per day.
- These are perishables and are sold on a day to day basis.
- Seeking to expand our trading portfolio by adding coconut wholesale trading.
- The coconuts will be sourced from Mysore and sold in Bangalore.
- We expect our turnover to increase to INR 4 lakh per month with the addition of coconuts.
- However, our overall operating margins are expected to drop to 10% from 25% as coconut wholesale is a low-margin business.
- Promoter has experience of 8 years in agricultural produce wholesale.
Products & Services Overview
Wholesale trade of apple, banana, papaya, pomegranate, cucumber, watermelon, tomatoes, onions, potato, ginger, garlic, lemons, etc.
Assets Overview
2 acres farmland and 5,000 square feet of warehouse.
Facilities Overview
5,000 sq. ft of personally owned warehouse space.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysCEO, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysSoftware Engineer, Retail Operations, Bengaluru, Individual Investor / Buyer connected with the Business
Tags:
Agriculture Wholesale Company Seeking Loan in Ramanagara, India
·Agriculture Export Company Seeking Loan in Ramanagara, India
·Lend to Agriculture Wholesale Company in Ramanagara, India
·Agri Wholesale Company Seeking Loan in Ramanagara, India
·Lend to Agriculture Export Company in Ramanagara, India
·Agri Export Company Seeking Loan in Ramanagara, India
·Lend to Agri Wholesale Company in Ramanagara, India
·Lend to Agri Export Company in Ramanagara, India
·Agriculture Wholesale Company Seeking Loan
·Agriculture Export Company Seeking Loan
·Lend to Agriculture Wholesale Company
·Agri Wholesale Company Seeking Loan
·Lend to Agriculture Export Company
·Agri Export Company Seeking Loan
·Lend to Agri Wholesale Company
·Lend to Agri Export Company
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