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Frozen Food Business Seeking Loan in Santa Barbara, Philippines

Ice candy business producing 2,000 pieces per day seeking a loan to expand the business.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 21.3 thousand
Run Rate Sales USD 32 thousand
EBITDA Margin 20 %
Industries Frozen Food
Locations  Santa Barbara
Local Time 6:17 AM Asia / Manila
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17.8 thousand for 10.0% annual interest, 5 years (Native Currency: PHP 1,000,000)
Reason: Funds will be used to acquire a facility and production equipment, and for business expansion.
Collateral Available: USD 1.78 thousand
Includes physical assets worth USD 1.78 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Philippines-based business producing and selling ice candy.
- They are made from fresh fruit.
- We sell them directly in the market and through 10+ resellers.
- Do not have any set suppliers for fresh fruits.
- Have a capacity to produce 2,000 pieces per day.
- The promoter has 4+ years of experience in the industry.
Products & Services Overview
Ice candy in 7 natural flavors made from fresh fruits.
Assets Overview
3 upright freezers, production equipment, and a vehicle for supplying to the market.
Facilities Overview
We have a small production space at our house but we surely maintain the cleanliness of our products. We securely process the products with proper HACCP to maintain the quality of our products.
Capitalization Overview
Not Disclosed
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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