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Newly Established Vegetable Farm Seeking Loan in Gorakhpur, India

Capsicum production greenhouse in Gorakhpur with 300 quintals of capsicums/6 months capacity seeks loan.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 30 thousand
EBITDA Margin 8 %
Industries Vegetable Farms
Locations  Gorakhpur
Local Time 11:04 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 240 thousand for 6.0% annual interest, 7 years (Native Currency: INR 20,000,000)
Reason: Require funds for cold storage facility. The valuation is based on our asset value and industry expe... View More
Collateral Available: USD 0
Includes physical assets worth USD 120 thousand
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Business Name
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Documents
Business Overview

- Operating a 25,000 square foot greenhouse for the production of a diverse range of capsicums.

- Producing 300 quintals of capsicums every six months.

- Owners have 5+ years of experience in the industry.

- Registered for GST and incorporated as a business entity.

- Utilizing two distributors to reach wider markets.

- Current employee count is necessary to efficiently overlook operations.

Products & Services Overview

Capsicum production in Gorakhpur.

Primarily B2B operations.

Assets Overview

Assets include:

Machinery, stock, furniture and fixtures.

Facilities Overview

Office in Gorakhpur with a green house facility nearby measuring a total of 25k sq ft, and rent of INR 1.5 lakhs per month.

Rent per month for the office is INR 6,000.

Sq ft area of 2,000 is the measurement of the office facility.

Capitalization Overview

Shareholders are 2.

Outstanding debt of INR 12 lakhs.

Self funded.

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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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