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Food Processing Business Seeking Loan in Ranchi, India

Bakery products processing business selling to 3 wholesalers and 16 bakeries.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 35 thousand
Run Rate Sales USD 36 thousand
EBITDA Margin 25 %
Industries Food Processing
Locations  Ranchi
Local Time 5:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 12 thousand for 10.0% annual interest, 7 years (Native Currency: INR 1,000,000)
Reason: To start selling products in more cities.
Collateral Available: USD 0
Includes physical assets worth USD 70 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
GST Certificate
Business Overview

- A food processing business based in Ranchi, that started operations in 2011.

- We process bakery products such as cake, besan, noodles and bread improver, gluten replacement.

- We have our own manufacturing unit.

- The products are sold to 3 distributors and 10 bakeries in Patna, 3 bakeries in Ranchi and 3 bakeries in Hazaribagh.

- We purchase raw material from local suppliers.

- Promoter has 10 years experience in R&D for the food industry, and 5 years experience in the food processing industry.

Products & Services Overview

Processing food ingredients for products such as cake, noodles, bread improver, gluten replacement.

Facilities Overview

Own processing unit having an area of 2,000 Sq. Ft.

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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