Edible Oil Business Seeking Loan in Chennai, India
Edible oil retail business seeks investment to meet growing household demands and expand services.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 4 - 5 thousand |
| Run Rate Sales | USD 6.5 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Edible Oil |
| Locations | Chennai |
| Local Time | 8:35 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
11 thousand
for
9.0%
annual interest,
3
years
(Native Currency: INR 1,000,000)
Reason: Funds are required to expand into a grocery store, with the aim of offering a wider range of product...
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Collateral Available: USD 5.4 thousand
Includes physical assets worth
USD
11 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Located in Anakaputhur, this business specializes in retailing edible oils, catering to a diverse customer base.
- The primary product offered is a variety of high-quality edible oils, meeting the nutritional needs of households.
- Currently, the business serves approximately 150-200 customers each month, indicating a steady demand for its products.
- The business relies on a network of 10-15 trusted vendors for the supply of edible oils, ensuring quality and consistency.
- The business generates revenue through the direct sale of edible oils, with potential growth expected from the future grocery expansion.
- The primary product offered is a variety of high-quality edible oils, meeting the nutritional needs of households.
- Currently, the business serves approximately 150-200 customers each month, indicating a steady demand for its products.
- The business relies on a network of 10-15 trusted vendors for the supply of edible oils, ensuring quality and consistency.
- The business generates revenue through the direct sale of edible oils, with potential growth expected from the future grocery expansion.
Products & Services Overview
Primary product offered is a variety of high-quality edible oils, meeting the nutritional needs of households.
Assets Overview
Tangible assets:- Stock.
- Furniture and fixtures.
Intangible assets:
- Registration certificate.
- MSME certificate.
Facilities Overview
The business operates from a 400 sq. ft. facility with a monthly rent of INR 5,000.
Capitalization Overview
- Sole owner.- No loans or debts.
Recent Activity
-
3 days, 12 hours agoOwner, Real Estate Development, Chennai, Individual Investor / Buyer connected with the Business
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