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Frozen Food Business Seeking Loan in Roorkee, India

Manufacturer and wholesaler of frozen fruits and vegetables having tie ups with hotels and caterers.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 3.6 million
Run Rate Sales USD 5.9 million
EBITDA Margin 22 %
Industries Frozen Food
Locations  Roorkee
Local Time 6:20 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.8 million for 12.0% annual interest, 3 years (Native Currency: INR 250,000,000)
Reason: For setting up a manufacturing unit and expansion.
Collateral Available: USD 0
Includes physical assets worth USD 2.2 million
Documents
GST Registration
Business Overview
- Manufacturer and wholesaler of frozen fruits and vegetables.
- Daily production capacity is 80 metric tons per day and we produce 10 varieties.
- Have tie-ups with vegetable markets in Northern India.
- Have tie up with 150 retailers and we also supply to caterers.
- We have 120 contract based employees.
- Promoter's experience of more than 10 years.
- The high growth in the revenue is due to the expansion in the plant capacity.
Products & Services Overview
Manufacturer of frozen vegetables - (frozen peas, carrot, cauliflower, beans etc. )
Assets Overview
Tangible Assests:
A) Company own Land worth INR 1.30 cr.
B) Processing Machines worth INR 2.80 cr.
C) IQF Individual Quick Freezer- INR 2.90 cr.
D) Cold storage -INR 2.60 cr.
E) Factory Building - INR 4.50 cr.
F) Company Refeer Vechile- INR 1.25 cr.
G) Refrigeration system - INR 4.25 cr.
H) Finished Goods Stock - INR 2.8 cr.
Facilities Overview
Company owned the land and area is 6,340 sq. meter.
Capitalization Overview
At present Finance by PNB Bank- in form of Term Loan and Working capital. Total Debts- 26 Cr from Punjab National Bank.
Total Owner: 2 persons 50% each.
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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