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Newly Established Food Wholesale Company Seeking Loan in Greater Noida, India

Wholesale supplier of organic FMCG goods with 112 products seeks loan to expand.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 160 thousand
EBITDA Margin 5 %
Industries Food Wholesale
Locations  Greater Noida
Local Time 5:36 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 130 thousand for 12.0% annual interest, 3 years (Native Currency: INR 10,000,000)
Reason: Expansion of the business. Along with the interest on loan, the business can additionally pay 9% of ... View More
Collateral Available: USD 0
Includes physical assets worth USD 27 thousand
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Business Name
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Business Overview

- Business is a wholesale supplier of 112 organic products.

- It sources these products from 3-4 local suppliers.

- We expect sales to reach INR 3-5 crore monthly but due to COVID19 it is currently at INR 10 lakh.

- The business is still in its first year of operations.

- Products are sold to around 200 retail shops across Greater Noida, few other direct customers and via the website.

- Currently majority of the revenue is generated via offline retail shop sales.

- Business is registered on Amazon and Flipkart and is expected to start B2C sales after a few months.

- Export contracts in Africa, Vietnam and Middle East have been initiated and are expected to generate sales of INR 10 crore in the future.

Products & Services Overview

Total of 112 organic products including kitchen grocery, spices, herbal juices and miscellaneous organic FMCGs.

Assets Overview

Physical assets of the business include packaging machinery, office supplies and stock worth INR 18 lakhs.

Facilities Overview

The business has a rental office space of 2,000 sq. ft. Our stock is stored in a rented 600 sq. ft. warehouse. Both of these facilities are in Greater Noida.

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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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