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Pharma Marketing Business Seeking Loan in Basti, India

Lend to a licensed pharma wholesale business in Uttar Pradesh with an existing setup.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 1.57 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Pharma Marketing
Locations  Basti
Local Time 3:00 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 10.5 thousand for 12.0% annual interest, 4 years (Native Currency: INR 1,000,000)
Reason: We have already set up the store and open it only few times a month when we have medicines in stock.... View More
Collateral Available: USD 0
Includes physical assets worth USD 157
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Non-operational pharma wholesale business in Basti, Uttar Pradesh.
- All required drug wholesale licences (Form 20B and 21B) are approved and valid till January five years from now.
- The business's operations are not stable at all due to lack of liquidity. We are unable to keep stock of products and hence aren't able to open the shop regularly.
- There are currently no assets and no outstanding loans.
- Team strength is 2 people, including the promoter and technical member.
Products & Services Overview
Business established for wholesale trading of pharmaceutical drugs and medicines under Form 20B and 21B licences, supplying pharmacies, hospitals and clinics, and individuals.
Assets Overview
At present the business owns no significant physical assets. The only physical assets are the fixtures and furniture in our small shop setup.
Intangible assets include valid wholesale drug licences (Form 20B and Form 21B) issued 6 months back (and valid for 2.5 more years) for operating a medicine wholesale and retail business Basti, Uttar Pradesh.
Facilities Overview
We have a small rented shop in Basti, Uttar Pradesh.
Capitalization Overview
Currently fully promoter-funded with no external investors and no outstanding loans or debts. 100% ownership is held by the single promoter.
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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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