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Profitable Spices Business Seeking Loan in Bangalore, India

Bangalore-based spices manufacturer with 4 MT daily production ability seeks funds to ramp up production.

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
Overall Rating
Seeking Loan
USD 240 thousand for 12.0% annual interest, 5 years (Native Currency: INR 20,000,000)
Reason: Require funds to acquire plant and machinery worth INR 1 crore and ramp up production.
Collateral Available: USD 0
Includes physical assets worth USD 36 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- 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.

Products & Services Overview

Powdered spices in boxes and pouches; instant food products, and badam milk.

Assets Overview

The installed plant and machinery are worth INR 30 lakh.

Facilities Overview

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.

Capitalization Overview
Not Disclosed
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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