Newly Established Spices Business Seeking Loan in Delhi, India

Distributor of a known spices brand in Delhi, seeking funds to become their super stockist.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 40 thousand
EBITDA Margin
8 %
Industries
Locations
Local Time
12:38 PM India
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 13 thousand for 20.0% annual interest, 2 years (Native Currency: INR 1,000,000)
Reason: To enter into a super stockiest agreement with the same spices brand.
Collateral Available: USD 0
Includes physical assets worth USD 1.3 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
GST Cetrificate
Brochure
Business Overview

The firm is a distributor of a known spices brand in Delhi and is looking to raise funds to become their super stockist. We procure the products at a discount from the company and then supply it to retailers in Delhi. Currently supplying spices to 6+ retailers. As a distributor, we do not have a renewal term agreement with the brand.

After raising funds, we would enter into super stockist agreement with the brand on a 3 year term with renewal option. However, we would still continue to receive the goods at a discount from the brand.

Business owned assets include a laptop and furniture.

Products & Services Overview

Current: Distributor of a known spices brand.

In Process: Planning to become super stockist with the same spices brand.

Facilities Overview
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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