Organic Farming Company Seeking Loan in Imphal, India
Organic store in Imphal selling local veggies with 4k+ customer-base seeks funds for new outlet.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 80 - 90 thousand |
| Run Rate Sales | USD 85 thousand |
| EBITDA Margin | Nil |
| Industries | Organic Farming |
| Locations | Imphal |
| Local Time | 10:23 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
236 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 20,000,000)
Reason: Require funds to open a new store open in Guwahati.
Collateral Available: USD 236 thousand
Includes physical assets worth
USD
470 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
ROC-Verification.pdf
(65.9 KB)
Business Overview
- Organic veggies store specializing in locally grown produce, including mushroom Bokchay, salad greens, and beans.
- Sourced from our own 10-acre farm, ensuring freshness and quality.
- Boasts a loyal customer base of over 4,000 individuals.
- All necessary licenses and permits, including GST and incorporation, are in place.
- Currently breaking even, indicating financial stability. We expect to be profitable at scale with inflow of capital.
- Promoters bring over 4 years of experience in the industry, ensuring knowledgeable leadership.
- Sourced from our own 10-acre farm, ensuring freshness and quality.
- Boasts a loyal customer base of over 4,000 individuals.
- All necessary licenses and permits, including GST and incorporation, are in place.
- Currently breaking even, indicating financial stability. We expect to be profitable at scale with inflow of capital.
- Promoters bring over 4 years of experience in the industry, ensuring knowledgeable leadership.
Products & Services Overview
Growing and selling Bokchay, salad greens, and beans.We sell directly to nearby restaurants and through our retail outlet.
Assets Overview
Assets include:Land, 2 hand pumps, furniture and fixtures. All assets are illiquid.
Facilities Overview
Own land, 10 acre for cultivation area and production area.We have an exiting store in central Imphal which measures a sq ft area of 2,500, leased for 10 years. The details of the facility will be provided post introduction.
Capitalization Overview
2 shareholders with a 40-60 split.Loan of INR 50 lakhs taken from a relative.
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