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Agriculture Wholesale Company Seeking Loan in Ramanagara, India

Business engaged in agricultural produce wholesale to 200 retailers in Ramnagara, Karnataka.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 90 thousand
EBITDA Margin 25 %
Industries Agriculture Wholesale
Locations  Ramanagara
Local Time 3:41 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 110 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 ... View More
Collateral Available: USD 0
Includes physical assets worth USD 240
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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.

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
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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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