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Pet Food Company Seeking Loan in Baku, Azerbaijan

Growing and highly profitable pet food distribution business seeks funds for business expansion.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 600 thousand
Run Rate Sales USD 660 thousand
EBITDA Margin 40 %
Industries Pet Shops + 1 more
Locations  Baku
Local Time 5:00 AM Asia / Baku
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 1 million for 6.0% annual interest, 5 years (Native Currency: USD 1,000,000)
Reason: Funds will be used to: - Open retail stores in Baku. - Expand online presence. - Start supplying ... View More
Collateral Available: USD 0
Includes physical assets worth USD 200 thousand
Interested to connect with advisors
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Business Overview
- Pet food and accessories distributor and wholesaler in Baku.
- We have 150+ pet food shops as our customers and would like to increase this.
- We are official distributors of 5 pet food and accessories brands in Azerbaijan.
- Our sales are through online marketplaces and existing customers contact us directly.
- Imported pet food products already have good sales and an already tested product market fit.
- Due to the nature of business our sales volume are high and we are able to achieve high sales with just 8 employees.
- We have very low operating expenses and this ensures a high EBITDA and net profit.
- We operate on a 30-day payment cycle, customers are supplied in the beginning of the month and they pay us at the end of the month.
- Now we want to increase our presence on the existing online marketplaces, setup retail shops in Baku, and supply supermarkets.
- We are working on legal basis and ask our business partners to arrange official payments to our bank account.
Products & Services Overview
We wholesale pet food and pet accessories in Azerbaijan.
The top selling category is pet food. Pet accessories are a little hard to sell but give higher margins. Our customers are retail pet food shops in Azerbaijan.
Assets Overview
Tangible assets:
- 3 cars, 1 truck, forklift and other vehicles and equipment worth USD 150,000.
- Product stock worth USD 50,000.
We also have unpaid invoices USD 26,000.
Intangible assets include our immense client network and a robust business setup.
Facilities Overview
We have a rented 300 sq. m. warehouse and a 3 room office here in Baku. We also have parking space for 3 cars and a small truck that delivers our goods to customers.
Capitalization Overview
- We have 2 equal owners who belong to the same family business.
- The business has a USD 28,000 line of credit.
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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