Pesticide Business Seeking Loan in Gobichettipalayam, India
Distribution company selling pesticides, water-soluble fertilizers, seeds to more than 40+ retail store clients.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Pesticide |
| Locations | Gobichettipalayam |
| Local Time | 10:07 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
35 thousand
for
16.0%
annual interest,
2
years
(Native Currency: INR 3,000,000)
Reason: - Promoter is looking for funds to expand the business to other districts and for marketing purposes...
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Collateral Available: USD 58 thousand
Includes physical assets worth
USD
47 thousand
Interested to connect with advisors
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Business Name
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Business Overview
- Wholesale distribution company incorporated in 2020 that sells pesticides, fertilizer, seed to more than 40 retailers in 4 districts of Tamil Nadu.
- Started commercial operations in March 2020.
- We have 3 vendors from whom we have taken a dealership.
- Supplying to retailers in 4 districts of Tamil Nadu, approximately at a radius of 200km.
- Intend to tie up with 15 more clients and expand to 15 more districts by the end of the year.
- Physical assets include the inventory of worth INR 40 lakh.
- The business has a debt of INR 20 lakh.
- Promoter has more than 15 years of experience in this business.
- Started commercial operations in March 2020.
- We have 3 vendors from whom we have taken a dealership.
- Supplying to retailers in 4 districts of Tamil Nadu, approximately at a radius of 200km.
- Intend to tie up with 15 more clients and expand to 15 more districts by the end of the year.
- Physical assets include the inventory of worth INR 40 lakh.
- The business has a debt of INR 20 lakh.
- Promoter has more than 15 years of experience in this business.
Products & Services Overview
All pesticides, Fertilizers, seeds, organic, biopesticides all agricultural related inputs.
Assets Overview
Own house, 4 two wheelers, 1 four wheeler.
Facilities Overview
Leased warehouse with an area of 1,900 sqft and an office space of 300 sq. ft. The places are leased for 3 years with a deposit of INR 3 lakhs.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysOwner, Chilli Traders, Coimbatore, Individual Investor / Buyer connected with the Business
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