Profitable Snack Manufacturing Business Seeking Loan in Banki, India
Snacks manufacturing factory seeking a loan to expand operation due to high demand.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 124 thousand |
| Run Rate Sales | USD 112 thousand |
| EBITDA Margin | 40 % |
| Industries | Snack Manufacturing |
| Locations | Banki |
| Local Time | 9:52 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
207 thousand
for
10.0%
annual interest,
4
years
(Native Currency: INR 20,000,000)
Reason: The loan will be used to upgrade our existing factory setup, to renovate it and purchase new machine...
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Collateral Available: USD 310 thousand
Includes physical assets worth
USD
310 thousand
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Business Name
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Business Overview
- We're a snack manufacturing factory based in Banki, specializing in Muduki (Chakli), a beloved traditional Indian snack.
- We have a solid customer base, selling to more than 80 retail grocery stores and over 45 distributors in the area.
- With 14 dedicated employees, we churn out about 6 to 7 quintals of snacks daily, operating 9 hours a day.
- We generate around INR 27,000 to INR 30,000 per day based on the demand or orders.
- We’re currently receiving orders that range from 8 to 10 quintals a day, which shows the growing demand for our products.
- To meet this rising demand, we’re planning to expand our production capacity to 15 quintals per day.
- Our business model relies on consistent orders from local retailers and distributors, ensuring steady revenue.
- We're seeking a loan to facilitate our expansion and keep pace with the increasing market demand.
- We have a solid customer base, selling to more than 80 retail grocery stores and over 45 distributors in the area.
- With 14 dedicated employees, we churn out about 6 to 7 quintals of snacks daily, operating 9 hours a day.
- We generate around INR 27,000 to INR 30,000 per day based on the demand or orders.
- We’re currently receiving orders that range from 8 to 10 quintals a day, which shows the growing demand for our products.
- To meet this rising demand, we’re planning to expand our production capacity to 15 quintals per day.
- Our business model relies on consistent orders from local retailers and distributors, ensuring steady revenue.
- We're seeking a loan to facilitate our expansion and keep pace with the increasing market demand.
Products & Services Overview
Our top-selling product is Muduki (Chakli), which is a highly popular traditional Indian snack. Our products are purchased by local distributors, retail grocery stores, and direct consumers who enjoy them as a daily tea-time snack.
Assets Overview
Tangible asset:- 5,000 sq ft land: INR 1 crore.
- Building: INR 1 crore.
- Machinery and equipment: INR 80 lakh.
Intangible asset:
- Partnership deed.
- Udyam certificate in process.
- FSSAI License.
Facilities Overview
We operate in G+1 factory spanning around 4,000 sq ft which is located in our own land which is 5,000 sq ft.
Capitalization Overview
The business is registered as a General Partnership consist of 2 partners with the majority stake owned by the promoter which is 60% and do not have any outstanding debts.
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