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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 540 thousand
EBITDA Margin 10 - 20 %
Industries Food Markets
Locations  Pokhara
Local Time 2:11 AM Asia / Kathmandu
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 75 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... View More
Collateral Available: USD 0
Includes physical assets worth USD 600
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Business Name
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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.

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
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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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