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Flour Mill Seeking Loan in Chomu, India

Business loan sought by established entrepreneur launching retail food brand with its own manufacturing facility.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Food Processing + 1 more
Locations  Chomu
Local Time 10:03 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 173 thousand for 10.0% annual interest, 10 years (Native Currency: INR 15,000,000)
Reason: The funds will be used as Capex to buy new machinery and to purchase raw materials.
Collateral Available: USD 46 thousand
Includes physical assets worth USD 46 thousand
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Business Name
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Business Overview
- Upcoming retail brand for food products like atta, besan, and mustard oil.
- The business will manufacture all the products in its owned factory that is currently under construction.
- The factory land is owned by us and its construction will be completed in one month's time.
- The factory will have the capacity to manufacture 2.2 tons of atta per hour, and 13 tons of mustard oil per day.
- The owner has 5 years of experience as an entrepreneur.
- The business will shortly be registered as a private limited entity.
- We have applied for the FSSAI license and other approvals necessary to start the factory.
Products & Services Overview
All food products like groceries. 11 products will be retailed under their own brand name. The 11 products include atta, besan, and mustard oil.
Assets Overview
The land plot is worth INR 40 lakh. We have also put in almost INR 1 crore of our own work in finishing the factory construction.
Facilities Overview
The factory is located on owned land of 4,500 square feet. Our factory is currently under construction on this owned plot of land in Chomu, Rajasthan.
Capitalization Overview
- The business has no shareholders.
- The business has a sole owner who funded the purchase of the land and the ongoing construction.
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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