Food Markets Business Seeking Loan in Pokhara, Nepal
Large scale fruit wholesaler based in Pokhara, seeks loan to expand nationally.
| Established | 20-30 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 530 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Food Markets |
| Locations | Pokhara |
| Local Time | 6:05 AM Asia / Kathmandu |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
73 thousand
for
24.0%
annual interest,
5
years
(Native Currency: NPR 10,000,000)
Reason: We are currently based in Pokhara based and will be expanding our sales to every major city in Nepal...
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Collateral Available: USD 0
Includes physical assets worth
USD
590
Interested to connect with advisors
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Business Name
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Documents
Business Registration
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Business Overview
- Business is a large scale wholesaler of seasonal fruits.
- We have two stalls in a busy wholesale market Pokhara.
- On average, we get around 50 customers per day of which a lot are high ticket retailers. The sales are higher during specific seasons.
- All the fruits are sourced from local sundry farmers.
- Even though the business is highly profitable, due to the pandemic, we need more cash inflow to keep it running. It has increased bad debts so we seek more funds to reinvest in the business.
- We have two stalls in a busy wholesale market Pokhara.
- On average, we get around 50 customers per day of which a lot are high ticket retailers. The sales are higher during specific seasons.
- All the fruits are sourced from local sundry farmers.
- Even though the business is highly profitable, due to the pandemic, we need more cash inflow to keep it running. It has increased bad debts so we seek more funds to reinvest in the business.
Products & Services Overview
We resell all kinds of exotic and seasonal fruits.
Assets Overview
We have two big stalls on rent with weighing equipment and basic furniture.
Facilities Overview
We have two leased stalls in a wholesale market. Agreement is renewable every 10 years.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Clothing Retail, Kathmandu, Individual Investor / Buyer connected with the Business
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