Profitable Pharma Marketing Company Seeking Loan in Lucknow, India
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | INR 1 - 2 lakh |
Run Rate Sales | INR 12 lakh |
EBITDA Margin | 30 - 40 % |
Industries | Pharma Marketing |
Locations | Lucknow |
Local Time | 1:05 AM Asia / Kolkata |
Listed By | Business Owner / Director |
Status | Active |
- Company operates in a B2B model, selling its products to 2 wholesalers. The wholesalers are selling the products to 10 doctors generating a monthly business of INR 1 lakh, out of which we directly sell to 2 doctors.
- Promoter of the business has a separate manufacturing entity producing the medicines that the company markets.
- Company, established 2 years ago, only commenced operations earlier this year. Despite being relatively new, it has been able to establish a presence in the market and has achieved a substantial monthly business from doctors.
- The business employs 3 individuals, who work on a target-based system within their specific areas and headquarters and the business is looking to hire a bigger team to expand its operations.
- We also are looking to expand our product portfolio by selling cardio diabetic, derma, and respiratory medicines.
- Company is registered and holds a drug license, ensuring compliance with regulatory requirements.
- Promoter has 8 years of experience in the industry and is a B. Pharm graduate.
The company currently is selling 5 to 6 products under the same medicine category.
The business operates in a B2B model and sells the products to wholesalers and distributors who then sell them to doctors.
The promoter is offering 1 bigha of land in Ambedkar Nagar district, Uttar Pradesh as collateral. The promoter does not want to liquidate this asset as this is an ancestral property and holds emotional value.
The business has 2 shareholders with an equal stake.
-
Earlier than 15 daysBusiness Development Manager, Pharmaceutical Marketing, Mumbai, Corporate Investor / Buyer connected with the Business