Profitable Chocolate and Confectionery Business Seeking Loan in Kingston, Jamaica
Candy shop receiving 100-15 customers daily seeks a loan.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 90 - 100 thousand |
| Run Rate Sales | USD 60 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Chocolate and Confectionery |
| Locations | Kingston |
| Local Time | 1:36 PM America / Jamaica |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
15.7 thousand
for
11.0%
annual interest,
3
years
(Native Currency: JMD 2,500,000)
Reason: Need funds to buy more products.
Collateral Available: USD 0
Includes physical assets worth
USD
15.7 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Our sales last year were about JMD 15 million but the sales have dropped since we do not have enough capital.
- Currently supplying to 40-60 wholesalers.
- Also have a store where we receive around 100-150 customers daily.
- 70% of the revenue is generated through store business and 30% of the revenue is generated through wholesale business.
- Around 5 companies supply the products to us.
- The promoter has 6 years of experience in this industry.
- Currently supplying to 40-60 wholesalers.
- Also have a store where we receive around 100-150 customers daily.
- 70% of the revenue is generated through store business and 30% of the revenue is generated through wholesale business.
- Around 5 companies supply the products to us.
- The promoter has 6 years of experience in this industry.
Products & Services Overview
Candy, helium balloons, school supplies, and party supplies.
Assets Overview
Tangible assets include stock worth JMD 1 million, racks, and glass showcases.
Facilities Overview
The storefront is in a shopping mall with 25 other shops. It is on a 1,400 sqft area. We pay a monthly rent of JMD 180k.
Capitalization Overview
- Sole proprietorship business.- Self-funded business.
- No debts or liabilities.
Recent Activity
-
Earlier than 15 daysNurse Practitioner, Travel And Health Care Wellness Services, Washington, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysChief Executive Officer, Entertainment, Kingston, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Retail Grocery Store, Cork, Individual Investor / Buyer connected with the Business
Tags:
Profitable Chocolate and Confectionery Business Seeking Loan in Kingston, Jamaica
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·Profitable Chocolate Business Seeking Loan in Kingston, Jamaica
·Profitable Chocolate and Confectionery Business Seeking Loan
·Lend to Profitable Chocolate Business in Kingston, Jamaica
·Lend to Profitable Chocolate and Confectionery Business
·Profitable Chocolate Business Seeking Loan
·Lend to Profitable Chocolate Business
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1 Investor contacted this Business this month.
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