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Newly Established Sweet Shop Seeking Loan in Virar, India

Small-scale sweet production business seeks funding to increase profits and expand operations in Virar.

Established 0-1 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.33 thousand
Run Rate Sales USD 1.33 thousand
EBITDA Margin 0 - 10 %
Industries Sweet Shops
Locations  Virar
Local Time 6:10 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.5 thousand for 10.0% annual interest, 3 years (Native Currency: INR 500,000)
Reason: We are operating the business at a very small scale right now and at just about break even with very... View More
Collateral Available: USD 0
Includes physical assets worth USD 550
Name, Phone, Email
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Business Name
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User Verification
Documents
FSSAI License
Business Overview
- The business specializes in small-scale sweet production and retail, focusing on delicious ladoos crafted from high-quality ingredients.
- Located in Virar, the shop serves local customers within a 5km radius, making it a convenient option for the community.
- The primary offerings include two varieties of ladoos, with the coconut ladoo being the top seller among customers.
- Customers can easily place their orders through WhatsApp.
- The business receives approximately 40-50 customer orders each month, showcasing a steady demand for its products.
- Currently operated by one owner, the business also benefits from assistance from the nearby Bachat Gat (Women's Savings Group), supporting local entrepreneurship.
- The business is compliant with health standards, holding an FSSAI License, which ensures the quality and safety of its products.
- With a growing customer base and a unique product line, the sweet shop aims to expand its reach.
Products & Services Overview
- We produce two types of ladoos.
- These are sold to customers in a 5km vicinity of our home-based setup and customers place order through WhatsApp.
- The top selling is coconut ladoo.
Assets Overview
We use our own house hold utensils for the production of the sweets.
Facilities Overview
- We are right now operating from our home in Virar.
- With the investment we will rent a commercial space of 300 sq feet in Virar.
- This will be enough for the business operations.
Capitalization Overview
- No loans or debts, all clear, its a new start-up.
- Single owner owns 100% of the business.
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3 Investors viewed this Business this week. Register below to connect now!
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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