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Frozen Food Company Seeking Loan in Hyderabad, India

Hyderabad's major ice cream manufacturer and distributor is seeking funds for optimizing operating costs.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 1.3 million
Run Rate Sales USD 850 thousand
EBITDA Margin 20 %
Industries Frozen Food
Locations  Hyderabad
Local Time 12:59 PM Europe / London
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 1.5 million for 4.5% annual interest, 10 years (Native Currency: INR 120,000,000)
Reason: The company aims to optimize operating costs to compensate for lost corona virus sales and market ex... View More
Collateral Available: USD 6.4 million
Includes physical assets worth USD 1 million
Interested to connect with advisors
Name, Phone, Email
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Business Name
Not disclosed
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Business Overview

- We are one of South India's largest manufacturers of ice cream.

- Currently marketed in Andhra Pradesh and Telangana, we are known for our quality product and punctual delivery.

- The manufacturing plant has been recently upgraded with automated machinery to cater to a growing market.

- The plant's current daily capacity is 3,000 liters of ice cream per hour (for 300 working days), with present utilization at 3,500 liters per day.

- The company was set up three decades ago by the current owner and has been running profitably throughout.

- With the combined experience of the managing director and the production manager, the company has been able to introduce seasonal products to the already wide product line.

- The consumer base includes restaurant chains, retail outlets, and institutions such as hotels and caterers.

- The marketing efforts of the business largely constitute branding, signage, advertisements, and placing freezers in dealer locations.

- The company is seeking funds to be able to dynamically expand the business into other tier-1 and tier-2 cities/towns.

- The coronavirus and subsequent lockdown due to it led to a decrease in our sales.

Products & Services Overview

The company produces nearly 150 varieties of ice cream products ranging from 4 litre bulk packets, cones and sticks to sundaes and ice cream cakes.

Assets Overview

Factory land and building, plant and machinery, cold rooms at various locations, freezers in the market, refrigerated transport vehicles, marketing vehicles, raw material, packing material, marketing material, IT hardware and software, office equipment like furniture and fixtures.

Facilities Overview

The company owns a land of 969 sq yards with 3 floors and has a built-up area of 18,000 sq feet. It leases another facility that has 2 floors and a built-up area of 8,700 sq feet.

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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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