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Newly Established Bottled Water Business Seeking Loan in Chennai, India

Nonoperational Chennai-based startup manufacturing packaged mineral RO water needs funding for machinery.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bottled Water
Locations  Chennai
Local Time 9:38 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 16.7 thousand for 15.0% annual interest, 1 year (Native Currency: INR 1,500,000)
Reason: We are facing a capital shortage to buy the necessary machinery and are seeking this fund for the sa... View More
Collateral Available: USD 0
Interested to connect with advisors
Documents
Business Overview
1. The business is a startup based in Chennai, focusing on the manufacturing of packaged mineral RO water under its own brand name.
2. The business is in the pre-operational phase and is currently seeking funding to acquire the necessary machinery.
3. Upon commencement of operations, the initial production will include 1-liter and half-liter bottles, with plans to expand to 300ml, 2-liter, and 20-liter jars in the future.
4. The projected selling price for a case of 12 bottles of 1-liter and half-liter will yield a profit margin of INR 30-40 per case.
5. The business aims to produce a minimum of 1000 (12,000 bottles) cases per day of 1-liter bottles and 400 cases of half-liter bottles.
6. The owner estimates the revenue to reach 10 lakh in the first month of operations.
7. The business is fully compliant with all necessary certifications and licenses required for food and beverage manufacturing.
8. The business can commence its operation within 2 months of receiving the funding.
9. The business plans to repay the funding loan within 2 months of commencing operations.
Products & Services Overview
We will manufacture mineral RO water under our brand name and it will be distributed through our local distributors.
Assets Overview
The owner has paid an advance of INR 20 lakh to procure the machinery to set up the plant.
Facilities Overview
- The business will operate from a rented factory with an area of 3000 sqft and rent of INR 30,000 per month.
- The factory is located in Kundrathur, Chennai, and has a 5-year rental agreement.
Capitalization Overview
- The company is funded through the Tamil Nadu Government's NEEDS scheme and has received funding of INR 1.14 crore.
- The business is a sole proprietorship.
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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