Food Wholesale Business Seeking Loan in Satara, India
Grocery traders with a 140+ clients and 10+ suppliers seeks funds for expansion.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 700 thousand |
| Run Rate Sales | USD 1.36 million |
| EBITDA Margin | 4 % |
| Industries | Food Wholesale |
| Locations | Satara |
| Local Time | 1:14 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
70 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 6,000,000)
Reason: To expand business in terms of clients.
Collateral Available: USD 5.9 thousand
Includes physical assets worth
USD
53 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Shops Act License & FSSAI
(2.5 MB)
GST Certificate
(112.5 KB)
Business Overview
- Trader and wholesaler in grocery and dairy products.
- Our business is located in Satara with a team of 18 employees, including 10 permanent staff and additional contract workers.
- We have a strong customer base of 140 retail shops who are our daily customers.
- We work with 10 reliable suppliers to maintain our stock.
- Our promoter has 3 years of experience in the grocery and dairy industry.
- We are fully licensed under the Shop Act, FSSAI, and are GST registered.
- We have acquired new clients this year leading to high growth in sales.
- Our business is located in Satara with a team of 18 employees, including 10 permanent staff and additional contract workers.
- We have a strong customer base of 140 retail shops who are our daily customers.
- We work with 10 reliable suppliers to maintain our stock.
- Our promoter has 3 years of experience in the grocery and dairy industry.
- We are fully licensed under the Shop Act, FSSAI, and are GST registered.
- We have acquired new clients this year leading to high growth in sales.
Products & Services Overview
- Our product range includes milk, paneer, ghee, dal, sugar (bestseller), and other grocery items.- We supply goods to local retail shops in and around Satara.
Assets Overview
We maintain a stock valued at INR 30 lakh and own 4 vehicles for delivering products to retail shops. Additionally, we have 6 PCs and 3 deep freezers for our operations.
Facilities Overview
We operate from a 3,000 sq. ft. rented godown, with a monthly rent of INR 35,000.
Capitalization Overview
As of today, we have invested INR 1.5 crore in the business, with an outstanding loan of INR 87 lakh. The business is a sole proprietorship with no external shareholders.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysManager, Accounting And Taxation, Bangalore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Partner, Pune, Financial Consultant connected with the Business
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3 Investors already contacted this Business.
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