Need help?

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 400 - 500 thousand
Run Rate Sales USD 600 thousand
EBITDA Margin 10 - 20 %
Industries Food Markets
Locations  Pokhara
Local Time 7:46 PM Asia / Kathmandu
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 80 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 700
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
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.

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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more