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Pesticide Business Seeking Loan in Gobichettipalayam, India

Distribution company selling pesticides, water-soluble fertilizers, seeds to more than 40+ retail store clients.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales Nil
Run Rate Sales USD 140 thousand
EBITDA Margin 10 - 20 %
Industries Pesticide
Locations  Gobichettipalayam
Local Time 6:13 AM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 36 thousand for 16.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: - Promoter is looking for funds to expand the business to other districts and for marketing purposes... View More
Collateral Available: USD 60 thousand
Includes physical assets worth USD 50 thousand
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Business Overview

- Wholesale distribution company incorporated in 2020 that sells pesticides, fertilizer, seed to more than 40 retailers in 4 districts of Tamil Nadu.

- Started commercial operations in March 2020.

- We have 3 vendors from whom we have taken a dealership.

- Supplying to retailers in 4 districts of Tamil Nadu, approximately at a radius of 200km.

- Intend to tie up with 15 more clients and expand to 15 more districts by the end of the year.

- Physical assets include the inventory of worth INR 40 lakh.

- The business has a debt of INR 20 lakh.

- Promoter has more than 15 years of experience in this business.

Products & Services Overview

All pesticides, Fertilizers, seeds, organic, biopesticides all agricultural related inputs.

Assets Overview

Own house, 4 two wheelers, 1 four wheeler.

Facilities Overview

Leased warehouse with an area of 1,900 sqft and an office space of 300 sq. ft. The places are leased for 3 years with a deposit of INR 3 lakhs.

Capitalization Overview
Not Disclosed
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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