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Poultry Business Seeking Loan in Burdwan, India

Poultry rearing business with 4 sheds seeking a business loan for working capital.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 23.5 thousand
Run Rate Sales USD 27 thousand
EBITDA Margin 20 %
Industries Poultry
Locations  Burdwan
Local Time 11:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 2.8 thousand for 14.0% annual interest, 5 years (Native Currency: INR 250,000)
Reason: As the business relies on working capital for revenue generation, requires additional loan to sustai... View More
Collateral Available: USD 0
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Business Overview
- The business focuses on poultry rearing and the raising of chickens.
- It typically purchases small chickens and raises them, a process that takes approximately 2.5 to 3 months for them to reach maturity.
- Currently, the farm employs six individuals to manage its operations, with two of them being recent additions, corresponding to the four sheds in operation.
- Rearing activities are carried out in four sheds, catering to the growth of Sonali chicken, country chicken, and cockerel chicken breeds.
- After the chickens have reached maturity, they are sold on a wholesale basis to a select group of 5-6 clients with whom the business maintains regular contact.
- Depending on demand, the business can sell anywhere between 10,000 to 15,000 chickens in a single lifting.
- This industry does not require any approvals from the government.
Products & Services Overview
The business's top-selling product is country chicken, which is primarily utilized by wholesale clients for resale purposes.
Assets Overview
The business lacks permanent physical assets, with the exception of a live stock of chickens, which is replenished every three months.
Facilities Overview
The farm is situated on a 50,000 sq ft plot of land in Amarun, housing four built-up sheds dedicated to raising chickens. These sheds collectively cover an area of approximately 25,640 sq ft paying monthly rent of INR 22,000.
Capitalization Overview
- The farm currently has two loans, with one loan set to be completed within the next 15 days. The other loan requires the payment of an EMI of INR 3,283.
- The farm operates as a sole proprietorship.
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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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