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Food Wholesale Company Seeking Loan in Mumbai, India

Mumbai-based packaged food import/export business seeks funding for upcoming export shipments.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 9 thousand
Run Rate Sales USD 10.8 thousand
EBITDA Margin 6 %
Industries Food Wholesale + 1 more
Locations  Mumbai
Local Time 7:33 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 56 thousand for 14.0% annual interest, 1 year (Native Currency: INR 5,000,000)
Reason: Funding for our upcoming shipments. This is a short term loan so ready to pay higher interest. Int... View More
Collateral Available: USD 0
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Business Name
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Business Overview
- The business operates in the food wholesale and import/export industry, based in Mumbai, India.
- Specializes in importing and exporting a variety of products, including packed food items, spices, pulses, and fast-moving consumer goods (FMCG).
- With only two partners cum employees, the company maintains a lean operational structure, allowing for agility in decision-making.
- The business has previously conducted successful Letter of Credit (L/C) backed shipments to Malaysia, demonstrating reliability and trust in international trade.
- Clients from London and Dubai are actively seeking FMCG products, highlighting strong demand and potential for growth in international markets.
- The company markets its products locally while also focusing on exporting, providing multiple revenue streams and expanding its customer base.
- We are seeking funding for upcoming export shipments, emphasizing a strategic approach towards scaling operations without upfront registration fees.
- Business has IEC and GST.
Products & Services Overview
We import packed food products, such as, spices, pulses & FMCG products and sell them locally and export to other countries.
Assets Overview
The business doesnt own any tangible assets.
Facilities Overview
We have established a coworking space in Goregaon East, Mumbai.
Capitalization Overview
We have no debts and the business is funded by promoters.
Main director - 99.9%
Another director - 0.01%
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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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