Profitable Ice Factory Seeking Loan in Thrissur, India

7-year old ice factory with its own refrigerated vehicles catering to 40 clients seeks funding for expansion.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 70 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 40 %
Industries Ice Factories
Locations  Thrissur
Local Time 12:44 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 130 thousand for 10.0% annual interest, 15 years (Native Currency: INR 10,000,000)
Reason: Promoter is seeking funds in order to expand and targets to double the production. The funds will al... View More
Collateral Available: USD 0
Includes physical assets worth USD 400 thousand
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Business Name
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Business Overview

- 7- year old firm manufacturing 40 tonnes of ice/day, which are sold to 40 customers belonging to the fishery segment on a regular basis.

- The weight of each block of ice is about 50 Kg.

- We own 7 refrigerated vehicles which are used to supply the ice to the consumers.

- Water used to manufacture the ice is fetched from the boring well.

- Target is to double the production capacity by setting up new plants and factories.

- Factory is located at a prominent location from where the ice can be supplied easily to the customers.

- Promoter has been working in this industry for the past 25 years.

Products & Services Overview

Large blocks of ice.

Assets Overview

Land, building, machinery.

Facilities Overview

Owned factory with a built-up area of 2,500 sqft.

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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