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Agriculture Wholesale Company Seeking Loan in Rio Rico, United States

Wholesale distributor of fruit and vegetables, purchasing products from around 15 farmers per season.
This transaction has concluded.

Established 10-20 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.9 million
Run Rate Sales USD 2.2 million
EBITDA Margin 10 %
Industries Agriculture Wholesale
Locations  Rio Rico
Local Time 12:20 AM America / Phoenix
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1 million for 12.0% annual interest, 1 year (Native Currency: USD 1,000,000)
Reason: For cash flow and to pay our farmers while we get our AR payment.
Collateral Available: USD 1 million
Includes physical assets worth USD 1.1 million
Documents
Business Overview

- Business is incorporated in Rio Rico, Arizona and operations are also run from Rio Rico.

- Commission based business with no inventory and our products are on consignment basis.

- We are a wholesale distributors who sell green beans, green tomatoes, cucumbers and hot peppers.

- We have tie ups with an average of 15 farmers per season across Mexico.

- Our customers have very good ratings according to Blue Book Services.

- We sell more than 650 tonnes of fruits and vegetables per month.

Our Accounts Receivables are secured by: Atradius Trade Insurance.

- Our assets include tools & equipment, stock license, client database.

- Promoter has more than 20 years of experience in this business.

Products & Services Overview

Green Beans, Tomatillo (green tomato), pickles, cucumbers, hot peppers among others.

Facilities Overview

Leased 3,000 Sq Ft warehouse, cold storage with room for 4 desks and bathroom located in Rio Rico. Lease amount USD 6,000. Owner also has his farms in Sinaloa, Mexico.

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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