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Bakery Seeking Loan in Rishikesh, India

Bakery business in Rishikesh seeks debt funding to clear outstanding loan and expand the business.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 84 thousand
Run Rate Sales USD 89 thousand
EBITDA Margin 10 - 20 %
Industries Bakeries
Locations  Rishikesh
Local Time 8:08 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 53 thousand for 12.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: To purchase inventory, repay an existing loan of ₹20 lakh, and fund renovations. We already locked ... View More
Collateral Available: USD 0
Includes physical assets worth USD 210 thousand
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Business Name
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Business Overview
- Bustling bakery in Rishikesh, known for our delicious birthday cakes and freshly baked breads.
- Our bakery serves a balanced mix of customers, with 70% being retail walk-ins and 30% wholesale clients.
- We currently see over 60+ customers walking in every day, boosting our popularity and sales.
- Our monthly sales are solid, averaging around ₹7 lakh recently, showing strong demand for our products.
- With a dedicated team of 8 employees, we ensure quality and service remain top-notch.
- We're seeking debt funding to clear an outstanding loan and expand our business operations further.
- Investing in us means tapping into a growing bakery market with proven sales and a loyal customer base.
- Business has GST certificate and FSSAI license.
Products & Services Overview
Top selling products include birthday cakes. We also sell pastries, puffs, and breads.
30% are wholesale customers while 70% of the customers are retail walk-ins.
Assets Overview
Owned 900 sq ft property along with equipment including a mixer, fridge, 12 deep freezers, and a 20 kVA Mahindra generator, with a combined estimated asset value of about ₹1.5 crore.
The land itself is worth INR 1 crore.
The building's value (3-storey) is INR 50 lakh.
All the production equipment and generator is worth INR 50 lakh.
Facilities Overview
Owned premises of approximately 900 square feet located in Shyampur, Rishikesh.
3-storey building which is completely owned by us.
Capitalization Overview
- The business has an existing loan of approximately ₹20 lakh outstanding.
- 100% owned by a single owner.
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2 Investors viewed this Business this week. Register below to connect now!
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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