Profitable Spices Business Seeking Loan in Bangalore, India
Established | 1-5 year(s) |
Employees | 100 - 500 |
Legal Entity | Limited Liability Partnership (LLP) |
Reported Sales | USD 56 thousand |
Run Rate Sales | USD 320 thousand |
EBITDA Margin | 30 % |
Industries | Spices |
Locations | Bangalore |
Local Time | 6:53 PM Asia / Kolkata |
Listed By | Management Member |
Status | Moderately Active |
- Manufacturer and marketer of branded masalas and instant food products.
- Products sold under our own trademarked brand name.
- We have got a pan-India network of CFAs (carrying and forwarding agents) and SSs (super-stockists) and a field sales team of 50 individuals.
- The distributors have a 20-day payment period.
- Our products are reputed and we started pan-India sales and marketing in April this year.
- We saw a high jump in monthly sales in April this year.
- Our leased factory can produce 4 MT of products daily.
- The business is registered as an LLP and it has two owners with an equal shareholding.
- There are no bank loans in the name of the business.
Powdered spices in boxes and pouches; instant food products, and badam milk.
The installed plant and machinery are worth INR 30 lakh.
We have a leased office in Bangalore and a leased factory of 3,500 sq. ft. in Bangalore as well. The factory and office are located at a distance of about 15 km from each other.
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Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
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Earlier than 15 daysBusiness Analyst, Bank, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Chemicals & Industrial Goods, Pune, Individual Investor / Buyer connected with the Business