Profitable Department Store Seeking Loan in Bangalore, India

Manufacturers Of Various Packaged food products on home delivery concept Seeking Funds.
This transaction has concluded.

Established
Employees
Legal Entity
Reported Sales
Run Rate Sales USD 50 thousand
EBITDA Margin 40 %
Industries Food Processing + 1 more
Locations  Bangalore
Local Time 10:29 PM Bangalore
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 40 thousand for 18.0% annual interest, 3 years (Native Currency: INR 3,000,000)
Reason: Additional Machinery, working capital, promotions & marketing expenses.
Collateral Available: USD 0
Interested to connect with advisors
Business Overview

Over the past 4 years we along with a group of technical people have worked to develop the products for the consumer market considering a huge demand in India. Our product has been tested and proven to be the best in the aspect of quality and taste compared to the competitors.

Strategy.

I ) To have our outlets all over Bangalore through franchise / distributors. Ii ) To reach each & every consumer through franchise / distributors. Iii ) Advertisement through FM radio & other promotional activities.

First 3 months we plan to focus on North & East Bangalore. We plan to tie up with atleast 25 franchise / distributors and gradually increase the number covering whole of Bangalore. We will also target corporate sales which will eventually form the bulk of sales for the company. We will also be able to raise money from the distributors in the form of security deposit when launching in the retail market.

We have spent close to Rs. 31 Lakh Machinery & Equipement, Factory & Interiors, Packaging, Vehicles, Registration and Licenses, Product R&D and Sampling, Marketing Materials.

Products & Services Overview

I ) Spice Powders – Sambar Powder, Rasam Powder, Chilly Powder, Dhaniya Powder, Turmeric Powder etc. We have around 20 varieties of powders which are used all over India.

Ii ) Ready-To-Eat food – Sambar and Rasam. Just heat and serve.

Iii ) Semi Ready food – Idly Batter and Dosa Batter.

Iv ) Groceries - Daily necessity products for house hold.

Facilities Overview
Recent Activity
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This transaction has concluded. Similar business opportunities on SMERGERS
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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