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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 61 thousand
EBITDA Margin 20 - 30 %
Industries Chocolate and Confectionery
Locations  Kingston
Local Time 2:47 PM America / Jamaica
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 16 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 16 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.
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
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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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