Need help?

Food Wholesale Business Seeking Loan in Narwana, India

Manufacturer and wholesaler of sweets, namkeen and packaged tea under own brand.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 100 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 0 - 10 %
Industries Food Processing + 1 more
Locations  Narwana
Local Time 11:00 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 60 thousand for 11.0% annual interest, 5 years (Native Currency: INR 5,000,000)
Reason: Require funding to stock tea for 1 year and expand the business in states like Punjab, Uttarakhand a... View More
Collateral Available: USD 60 thousand
Includes physical assets worth USD 90 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Registration
Business Overview

- We are manufacturers of confectionery, namkeen, mathri and shakar para.

- Company sells these products under own brand to approximately 120 retail shops in the area.

- We have approximately 26 items and the production capacity is 5 quintal daily for all these items together.

- Have 7 small shops on lease which we use to wholesale our products.

- Have also started tea packaging and marketing under our own brand.

- We buy tea from 10 dealers in Haryana and West Bengal and supply to 40,000 customers in the local market.

- Management consists of 7 highly experienced family members who have 20+ years of business experience.

Products & Services Overview

Manufacturing and sale of confectionary and bhaji. Sale of tea under own brand.

Facilities Overview

Own namkeen factory of 200 Sq yards. Leased tea unit of 100 Sq yards. 7 shops in wholesale market but all on long lease agreement.

Recent Activity
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

2 Investors already contacted this Business.
Register below to connect now!

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