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Bakery Seeking Loan in Ongole, India

Good reputed bakery in Ongole town located near many schools and apartments seeks business loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin 30 - 40 %
Industries Bakeries
Locations  Ongole
Local Time 6:14 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 11.7 thousand for 18.0% annual interest, 3 years (Native Currency: INR 1,000,000)
Reason: To develope the bussiness.
Collateral Available: USD 18.7 thousand
Includes physical assets worth USD 8.2 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Have loyal customers base.
- Located near many schools and apartments.
- Started in Sep 2016 and generating 2 Lacs sales per month.
- Our bakery is at the main center and is very near to rural and urban transportation facilities.
- We offer quality items at low price.
Products & Services Overview
- Bread, Cream buns, Rusk, puff and 20 types of biscuits and 30 types of cakes.
- We also sell cool drinks and company biscuits and chocolates.
Facilities Overview
We have work shop with rent ₹12,000 / - and shop rent₹4,500 / -.
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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