Food Processing Business Seeking Loan in Karnataka, India

Authorized manufacturer and exporter of fruit candy, require funds to increase production capacity.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 330 thousand
EBITDA Margin 0 - 10 %
Industries Food Processing
Locations  Karnataka
Local Time 3:11 AM India
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 70 thousand for 10.0% annual interest, 1 year (Native Currency: INR 5,000,000)
Reason: To purchase more machines, hire more employees and working capital required to fulfill orders in han... View More
Collateral Available: USD 110 thousand
Includes physical assets worth USD 110 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Form C License
Business Overview

- Manufacturing and exporting fruit candy of an established Indian brand. Our unit is located in a coastal area.

- We are authorized manufacturing exporters for the brand.

- Have 2 rented manufacturing units. We are currently producing at our maximum production capacity which is 3,000 kgs per day.

- Products are exported to all GCC countries, Sri Lanka, Bangladesh and Malaysia.

- We export 2 containers every month.

- We have recently received larger orders of 5 containers per month.

- To achieve this we will be required to produce 8,000 kgs of product per day.

- We will be shifting into a larger manufacturing unit. The land has already been purchased and it has an area of 10 acres.

- We expect to fully shift into the new unit only after 1.5 years, since construction and set up has to be done.

- In the meanwhile we expect to increase our production capacity by purchasing more machines and hiring more employees.

- Physical assets include machines, inventory and raw material. Value of new acquired land has not been added to physical assets.

Products & Services Overview

Manufacturing and exporting fruit candy of an established Indian brand.

Facilities Overview
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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