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Newly Established Snack Manufacturing Business Seeking Loan in Kasaragod, India

Food manufacturing company that manufactures potato and banana chips seek a business loan.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 60 thousand
Run Rate Sales USD 66 thousand
EBITDA Margin 25 %
Industries Snack Manufacturing
Locations  Kasaragod
Local Time 6:50 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 8.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: The funds will be used to grow our business to other cities, and increase our product line.
Collateral Available: USD 0
Includes physical assets worth USD 30 thousand
Name, Phone, Email
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Business Name
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Documents
Business Overview

- Manufacturer of potato chips and banana chips seeking funds to expand into other FMCG products.

- The production capacity is 4,000 - 5,000 packets per day.

- We sell our products in the wide market in Kerala & Karnataka.

- Our clients are usually supermarkets, bakeries and other stationery shops.

- Have more than 3 distributors.

- We are looking to grow our business to other cities, and increase our product line.

- At present, there are no business loans taken by the company.

- The company has 5 partners.

Products & Services Overview

Planning to launch new products: Puff, rings, sticks, and also planning to FMCG products. Currently have potato chips and banana chips as products.

Assets Overview

The tangible assets include all manufacturing setup, office interior.

Facilities Overview

2,000 Sq Ft rented office, warehouse, and manufacturing machine area. 10km away from Kasaragod.

Capitalization Overview
Not Disclosed
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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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