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Food Processing Business Seeking Loan in Karnataka, India

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

Established 5-10 year(s)
Employees 50 - 100
Legal Entity General Partnership
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 0 - 10 %
Industries Food Processing
Locations  Karnataka
Local Time 2:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 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 100 thousand
Includes physical assets worth USD 100 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

Currently have 2 rented manufacturing units having a total area of 7,000 Sq. Ft.

Will be shifting into a new company owned manufacturing unit with an area of 10 acres.

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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