Food Wholesale Business Seeking Loan in Bengaluru, India
Supplier of imported apples and other fruits to 25 to 30 wholesalers across South India.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 460 thousand |
| Run Rate Sales | USD 1.73 million |
| EBITDA Margin | 10 % |
| Industries | Food Wholesale + 1 more |
| Locations | Bengaluru |
| Local Time | 5:55 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
115 thousand
for
10.0%
annual interest,
2
years
(Native Currency: INR 10,000,000)
Reason: Seeking investment for expansion of sales & procurement channels and increase the market share.
The...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
34.6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Largest importer and wholesaler of apples in South India.
- The company sources its apples directly from 20 to 30 farmers in Europe such as Poland, Italy, and Africa.
- Importing an average of 4 to 5 containers weekly, with each container valued at INR 25 lakhs.
- The company supplies its imported apples to 25 to 30 wholesalers across five states, including Kerala, Karnataka, Tamil Nadu, and Telangana, with a weekly frequency of supplies.
- There is a significant growth in annual turnovers as the business has transitioned from solely focusing on local supplies to now importing 15 to 20 containers per month, showcasing substantial growth and diversification in its business model.
- Selling price of each container is ~INR 35 lakhs.
- The company possesses essential licenses, including Import Export Code (IEC) and Food Safety and Standards Authority of India (FSSAI) license.
- The company sources its apples directly from 20 to 30 farmers in Europe such as Poland, Italy, and Africa.
- Importing an average of 4 to 5 containers weekly, with each container valued at INR 25 lakhs.
- The company supplies its imported apples to 25 to 30 wholesalers across five states, including Kerala, Karnataka, Tamil Nadu, and Telangana, with a weekly frequency of supplies.
- There is a significant growth in annual turnovers as the business has transitioned from solely focusing on local supplies to now importing 15 to 20 containers per month, showcasing substantial growth and diversification in its business model.
- Selling price of each container is ~INR 35 lakhs.
- The company possesses essential licenses, including Import Export Code (IEC) and Food Safety and Standards Authority of India (FSSAI) license.
Products & Services Overview
Apples are the top selling product.Other fruits traded are oranges, peaches and kiwi.
Imported from farmers in Europe and Africa and supplied to wholesalers across South India.
Assets Overview
Physical assets include office equipment, computers, laptops, vehicles etc.
Facilities Overview
Operating from a rented office in Koramangala, which is 700 sq ft. Rent is INR 18.8k per month.
Capitalization Overview
Business is self-funded.No outstanding loans or liabilities.
Sole proprietorship business.
Recent Activity
-
Earlier than 15 daysOwner, Import And Export Of Consumer Goods, Palakkad, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysFounder And Chief Solutions Officer, Dubai, Financial Consultant connected with the Business
-
Earlier than 15 daysDirector, Wires Manufacturers, Delhi, Corporate Investor / Buyer connected with the Business
Tags:
Import / Export Business Seeking Loan in Bangalore, India
·Food Wholesale Business Seeking Loan in Bangalore, India
·Lend to Import / Export Business in Bangalore, India
·Lend to Food Wholesale Business in Bangalore, India
·Import / Export Business Seeking Loan in Bengaluru
·Food Wholesale Business Seeking Loan in Bengaluru
·Lend to Import / Export Business in Bengaluru
·Lend to Food Wholesale Business in Bengaluru
·Import / Export Business Seeking Loan
·Food Wholesale Business Seeking Loan
·Lend to Import / Export Business
·Lend to Food Wholesale 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. 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
11 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,000+ other businesses of all sizes.
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