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Frozen Food Company Seeking Loan in Kathmandu, Nepal

Business engaged in selling frozen food items in Nepal to 28 customers is seeking loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 22 thousand
EBITDA Margin 20 %
Industries Frozen Food
Locations  Kathmandu
Local Time 12:30 AM Asia / Kathmandu
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 15 thousand for 14.0% annual interest, 5 years (Native Currency: NPR 2,000,000)
Reason: Funds are required to buy more products and expand our business as well as set-up a new store.
Collateral Available: USD 0
Includes physical assets worth USD 8 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview

- Our business is engaged in the selling of frozen food items like French fries, sweet corn, meat, and green pea.

- We have tied-up with 6 to 7 vendors from India and local companies from whom we procure the products.

- Currently, we are selling the products to 13 restaurants, 7 hotels, and 8 cafes.

- Business has no loan and is run by a sole owner.

- The promoter has 4 years of experience in this industry.

Products & Services Overview

Frozen food items like cutlets, French fries, sweet corn, green peas, meat, and chicken.

Assets Overview

7 deep freezers and chillers, 1 big refrigerator.

Facilities Overview

We have a shop as well as a cold room storage area. The area covered in 1,200 sq. ft. and is on rental basis. We pay a monthly rent of NPR 35,000.

Capitalization Overview

There is only one owner in this company having a 100% stake in the business. There are 32 workers in this company.

Recent Activity
  • Earlier than 15 days
    Independent Advisor, Manila, Business Broker connected with the Business
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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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