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Alternative Medicine Business Seeking Loan in Jodhpur, India

Manufacturer of raw materials for ayurvedic medicines is seeking a business loan to expand its product line.
This transaction has concluded.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 150 thousand
Run Rate Sales USD 140 thousand
EBITDA Margin 17 %
Industries Alternative Medicine
Locations  Jodhpur
Local Time 12:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 30 thousand for 12.5% annual interest, 5 years (Native Currency: INR 2,500,000)
Reason: We require funds for our manufacturing facility to expand the products we can offer to our clients. ... View More
Collateral Available: USD 24 thousand
Includes physical assets worth USD 24 thousand
Interested to connect with advisors
Documents
Business Overview

- Jodhpur based business that manufactures raw materials like tamarind and moringa powder for ayurvedic medicines.

- Have 50+ clients with whom we have 1 to 3 year long agreements.

- Manufacturing facility has the capacity to produce a daily turnover of INR 3 lakhs.

- Current daily output of tamarind powder and moringa powder is at 10 quintals and 5 quintals respectively.

- The manufacturing facility was closed for 2 months due to the lockdown which marginally hampered our sales.

- The owner has experience of 6 years in the field of Ayurveda and more than 10 years of total experience in manufacturing.

- Business also runs a retail medical store for generic medicines but these funds will only be used for the expansion of our manufacturing facility.

Products & Services Overview

Raw material for ayurvedic medicines like tamarind and moringa powder.

Assets Overview

Plant and machinery for manufacturing tamarind and moringa powder.

Facilities Overview

We pay a rent of INR 15,000 for our 300 sq. ft. registered corporate office in Jodhpur.

Rented manufacturing facility of 2,000 sq. ft. at a monthly rent of INR 33,000.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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