Newly Established Alternative Medicine Business Seeking Loan in Chandigarh, India
Ayurvedic medicine manufacturing firm with developed product seeking loan to launch into the market.
| Established | 0-1 year(s) |
| Employees | 2 - 5 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Alternative Medicine |
| Locations | Chandigarh |
| Local Time | 5:40 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
10.3 thousand
for
12.0%
annual interest,
4
years
(Native Currency: INR 1,000,000)
Reason: We are seeking this loan to support for the distribution which is planned within few days of the pro...
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Collateral Available: USD 10.3 thousand
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Documents
Product Profile
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Company Desk
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Business Overview
- We are yet to launch the product into the market; and planning to initially start by selling through multichannel including 2 distributors for direct sales to customer from our website and also via Amazon and Flipkart.
- We are at present in contact with 1 manufacturer, who we will be outsourcing for manufacturing our products.
- We are planning to produce around 500 units of our product for the first month, which will plan to sell for INR 270 per unit.
- We estimate an average sale of INR 1 lakh at the first month with profit margin approximately 40% after all costs are deducted.
- We are also in process of adding the 2nd product after few months to our category, which we plan to sell for INR 500 per unit.
- As of now we have 4 products approved license issued by Ayush Licensing Authority, which we will soon start producing and add to our product category.
- We are at present in contact with 1 manufacturer, who we will be outsourcing for manufacturing our products.
- We are planning to produce around 500 units of our product for the first month, which will plan to sell for INR 270 per unit.
- We estimate an average sale of INR 1 lakh at the first month with profit margin approximately 40% after all costs are deducted.
- We are also in process of adding the 2nd product after few months to our category, which we plan to sell for INR 500 per unit.
- As of now we have 4 products approved license issued by Ayush Licensing Authority, which we will soon start producing and add to our product category.
Products & Services Overview
We have a developed product ready to be distributed in the market, the product is for the joint pain relief with herbal ingredients and will be used by aged people who are suffering from muscle and joint pains.
Assets Overview
The business does not currently own any tangible assets; however, it has intangible assets including its:- Brand name.
- Website.
- Start-up License issued by Department for Promotion of Industry.
- Internal Trade and Ayush License issued by Ayush Licensing Authority.
Facilities Overview
We operate in co-working space with one desk, for which we pay INR 6000 per month.
Capitalization Overview
At present the company is entirely funded by the promoter with a partner, each holding 50% of stake in the company.There are no loans or debts associated with the company.
Tags:
Newly Established Alternative Medicine Business Seeking Loan in Chandigarh, India
·Newly Established Homeopathic Medicine Business Seeking Loan in Chandigarh, India
·Newly Established Ayurvedic Medicine Business Seeking Loan in Chandigarh, India
·Newly Established Herbal Medicine Business Seeking Loan in Chandigarh, India
·Lend to Newly Established Alternative Medicine Business in Chandigarh, India
·Lend to Newly Established Homeopathic Medicine Business in Chandigarh, India
·Lend to Newly Established Ayurvedic Medicine Business in Chandigarh, India
·Lend to Newly Established Herbal Medicine Business in Chandigarh, India
·Newly Established Alternative Medicine Business Seeking Loan
·Newly Established Homeopathic Medicine Business Seeking Loan
·Newly Established Ayurvedic Medicine Business Seeking Loan
·Newly Established Herbal Medicine Business Seeking Loan
·Lend to Newly Established Alternative Medicine Business
·Lend to Newly Established Homeopathic Medicine Business
·Lend to Newly Established Ayurvedic Medicine Business
·Lend to Newly Established Herbal Medicine Business
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