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Profitable Agriculture Wholesale Company Seeking Loan in Toronto, Canada

Agriculture wholesale company in Canada seeks funds to fulfill existing orders.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 190 thousand
Run Rate Sales USD 192 thousand
EBITDA Margin 40 %
Industries Agriculture Wholesale
Locations  Toronto
Local Time 3:20 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 3.7 million for 15.0% annual interest, 1 year (Native Currency: USD 3,656,250)
Reason: Funding for shipping existing orders.
Collateral Available: USD 700 thousand
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Business Overview

- Actively engaged in commodity trading between Kenya and Canada.

- Established suppliers in Kenya for current grocery items business.

- Strategic plans for expansion into the sugar exporting business with existing orders and suppliers in Brazil and Canada.

- Since we have orders in place, paying the interest will not be a problem.

- Diversified product range includes passion fruits, tea, and flowers sourced from 15 suppliers.

- Promoters bring a collective experience of 17 years to the business.

- Successful B2B sales model with 10 clients consisting of grocery stores.

- Direct-to-consumer (B2C) sales facilitated through our own retail outlet.

- We have an office in Nairobi for the procurement of our goods from suppliers.

- Possess import-export licenses in Kenya and Canada, CFIA certification, and business permits for seamless operations.

Products & Services Overview

Green coffee, flowers, green lentils, avocado and sugar, passion fruit.

B2B and B2C sales.

Assets Overview

Assets include:

Land, building, vehicles, trucks among other. They all belong to the owner and not the company.

Facilities Overview

Sq ft area of the Canada warehouse and retail outlet is 2,000.

CAD 4,500/monthly rent.

Located in the center of the city in Toronto.

Capitalization Overview

5 shareholders.

Majority holds 60%

No loans or debts.

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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