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Newly Established Snack Manufacturing Business Seeking Loan in Jabalpur, India

Seeking Loan: Snack manufacturing business with 1.5tonnes/day capacity and 500+ retailer network in MP.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 260 thousand
EBITDA Margin 20 %
Industries Snack Manufacturing
Locations  Jabalpur
Local Time 2:52 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 30 thousand for 13.0% annual interest, 3 years (Native Currency: INR 2,500,000)
Reason: To enhance product catalogue and variety and the current ask is sufficient for the same.
Collateral Available: USD 0
Includes physical assets worth USD 110 thousand
Interested to connect with advisors
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Business Name
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FSSAI License
Business Overview

- Snack products manufacturing firm with over 10 years of experience.

- Proud owners of our own brand.

- Over 500 B2B retailers/outlets and 20+ stockists and wholesalers selling our complete product range.

- Maximum production capacity of 1.5 tonnes/day.

- Current production at 500 kg/day.

- Fully compliant with GST, food licensing, and incorporation requirements.

- Exclusive B2B distribution limited to Madhya Pradesh.

Products & Services Overview

Manufacturing potato chips, Kurkure, fryums, and puffs.

B2B operations: supplying to retailers, stockists, and wholesalers.

Assets Overview

Assets:

Food processing machine, stock and vehicles.

All the assets are illiquid.

Facilities Overview

We have a leased facility with a built-up area of more than 3,000 sqft along with a 5,000 sqft open area.

Rent per month INR 20k.

Located on the outskirts of Jabalpur.

Capitalization Overview

We have secured a term loan for setting up the factory and a working capital CC limit from the SMECC Branch of the State Bank of India in Jabalpur. The loan amount is INR 48 lakhs, with a 35% subsidy.

Sole proprietorship.

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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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