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Newly Established Bakery Products Company Seeking Loan in Chennai, India

Institutional bakers and confectioners selling a wide range of bakery products are seeking business loan.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 90 thousand
EBITDA Margin 15 %
Industries Bakery Products
Locations  Chennai
Local Time 10:17 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 26 thousand for 11.0% annual interest, 3 years (Native Currency: INR 2,000,000)
Reason: The proceeds from the business loan will be used for: - Scaling-up production. - Undertaking and f... View More
Collateral Available: USD 0
Includes physical assets worth USD 26 thousand
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Business Overview

- Our company is essentially an institutional baker and confectioner that sells a wide range of bakery products to our clients.

- Our company was incorporated and commenced operations about 5 months ago. We do not have any retail locations yet.

- We have about 17 institutional clients which are essentially independent restaurants, hotels, tea & coffee outlets, hospitals, etc. All the clients are based in Chennai itself.

- All our products are baked at our in-house facility and are delivered to these 17 institutional clients everyday. The deliveries are conducted by our staff using our company-owned vehicles.

- These clients pay us a monthly fee for our products. The type and amount of products delivered to each client vary as per their respective preferences. This stream of revenue contributes to about 90 percent of the company's total revenue.

- We also have ourselves listed on Swiggy & Zomato as a bakery under our own brand name. We fulfil about 8 to 10 orders received through these platforms everyday. This stream of revenue contributes to the remaining 10 percent of the company's revenue.

- Currently, we are utilizing about 50 to 60 percent of our total production capacity.

Products & Services Overview

We bake a wide range of products at our premise such as: donuts, puffs (veg/non-veg/egg), celebration cakes, dry cakes, breads, breakfast rolls, pastries, croissants, etc.

Assets Overview

Physical assets include:

- Baking equipment and machinery such as rotary ovens, deck ovens, spiral mixers, etc.

- Commercial refrigerators and freezers.

- Furniture and interior fittings of the facility.

- Company-owned vans for delivery.

- CCTV camera, exhaust fans, computers and printers.

Facilities Overview

The business runs operations from a rented facility spread across 1,300 sq. ft. in Chennai, Tamil Nadu.

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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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