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Liquor Store Seeking Loan in Syracuse, USA

Craft beer distribution company with 2 LOB - D2C e-commerce and traditional retail distribution.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales INR 64 lakh
Run Rate Sales INR 1.02 crore
EBITDA Margin Nil
Industries Liquor Stores
Locations  Syracuse
Local Time 10:29 PM America / Nipigon
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
INR 2.14 crore for 10.0% annual interest, 5 years (Native Currency: USD 250,000)
Reason: Require funds for working capital, and to scale the business.
Collateral Available: INR 5.1 crore
Includes physical assets worth INR 85 lakh
Name, Phone, Email
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Business Name
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User Verification
Business Overview
The business is currently working with 30 suppliers (breweries) and we have an extensive online marketplace.
We take a supplying brewery's brand under our brand portfolio and then distribute their products.
Unfortunately, suppliers are being turned away at this time until we can achieve scale. Interest in our unique service is extensive.
Products & Services Overview
We distribute a wide range of craft beverage alcohol with a primary focus on beer.
Assets Overview
This list is consistent with wholesale distribution: reefer truck, forklift, and inventory.
Facilities Overview
The business currently leases warehouse space in Syracuse NY, it is a 4,500 sq. ft. area with loading docks and walk-in coolers.
Capitalization Overview
Currently, the company is bootstrapped with founder funding but we are going through a convertible note round that should conclude in the second quarter of this year.
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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