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Bakery Products Startup Seeking Loan in Bangalore, India

Newly established company manufacturing healthier alternatives for bakery items seeks funds for expansion.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bakery Products + 1 more
Locations  Bangalore
Local Time 7:15 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 580 thousand for 12.0% annual interest, 7 years (Native Currency: INR 50,000,000)
Reason: Seeking a loan of INR 5 crore since we are newly established and need funds to fuel growth by market... View More
Collateral Available: USD 0
Includes physical assets worth USD 204 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- The company's product range includes staples, whole foods, snacks, and bakery items, with a specific focus on healthier alternatives.
- It has a small team of 12 employees and is focused on producing and selling multi-grain flour and organic bakery products directly to customers through its e-commerce platform.
- We have already received 25-30 orders within a couple of days of starting operations, indicating early traction in the market.
- The current sales channel is limited to the company's website, with an estimated sales projection of INR 40 lakh per month once the business picks up.
- The business had only been operational for a few days now and hence there are no revenue figures mentioned.
- As a business that has just started operations, we have not reached full capacity in terms of production yet.
- The owner, a hotel management graduate, along with his business partner is passionate about the mission of giving back to society through healthier alternatives and is committed to creating premium, high-quality products.
- The company holds necessary licenses such as FSSAI, factory, and pollution licenses, demonstrating compliance with regulatory requirements.
Products & Services Overview
The business's top-selling products right now include multi-grain flour and organic bakery items, which are sought after by health-conscious consumers and are purchased directly through the company's e-commerce platform.
Assets Overview
The key assets are the owned machinery that we use to manufacture products.
Facilities Overview
Our manufacturing facility located in Bangalore spans a total area of 7,000 sq ft.
This property has been rented out on a long term lease of 10 years with a rent paid of INR 1 lakh per month.
Capitalization Overview
The business is owned by 2 partners with a 50-50 equity split.
Currently have an outstanding bank loan of INR 3 crore.
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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