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Coffee and Tea Business Seeking Loan in Varanasi, India

Manufacturer and trader of retail and wholesale tea requires funds to grow business pan India.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 170 thousand
Run Rate Sales USD 200 thousand
EBITDA Margin 10 - 20 %
Industries Coffee and Tea
Locations  Varanasi
Local Time 5:13 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 15.0% annual interest, 5 years (Native Currency: INR 6,000,000)
Reason: Seeking funds to increase production and sales; upgrade to a robust distribution system, hire a high... View More
Collateral Available: USD 0
Includes physical assets worth USD 8.6 thousand
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Business Name
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Business Overview

- Company manufactures, packages, and markets black and green tea.

- Manufacturing and packaging are carried out at the company godown.

- Have a daily production capacity of 1 metric ton.

- We source our tea directly from factories in Assam, Siliguri, and other parts of West Bengal.

- The company retails its tea under its trademarked brand and also supplies wholesale.

- Supply wholesale loose tea to tea producers, packers, wholesalers, and commission agents of loose tea.

- Retail products are sold through distributors, hawkers, and retailers.

- Our network has 500+ retailers, 55 distributors, and numerous hawkers.

- Retailers and distributors have a credit payment period that varies between 30-50 days.

- We are also the registered super distributors for Tata Consumers Products Limited in Varanasi.

- The owner has 19 years of hardcore sales experience in good FMCG and other companies like Priyagold, Dukes, ICICI bank, Tata, and other large tea producing companies.

Products & Services Overview

Branded black tea and green tea; wholesale tea; Tata Tea.

Assets Overview

Packing machine, batch coding machine, sealing machine, and 1 Tata Ace.

Facilities Overview

Rental office area and godown of about 3,500 sq. ft. at a monthly rent of INR 8,000 in Varanasi.

The godown serves as a manufacturing, packaging, and storage facility. It has a storage of capacity of 5,000 metric tons.

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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