Profitable Spices Business Seeking Loan in Siliguri, India
Seeking Business Loan: Company selling a variety of spices under its own brand name.
This transaction has concluded.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 7 - 8 thousand |
| Run Rate Sales | USD 28.3 thousand |
| EBITDA Margin | 30 % |
| Industries | Spices |
| Locations | Siliguri |
| Local Time | 3:57 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5.9 thousand
for
10.0%
annual interest,
3
years
(Native Currency: INR 500,000)
Reason: The proceeds from the business loan will be used to:
- Fulfil larger purchase orders.
- Expand pro...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
3.54 thousand
Documents
FSSAI License
(62.0 KB)
ROC-Verification.pdf
(73.8 KB)
Business Overview
- Our company sells 8 different varieties of spices under our own brand name.
- Each spice is sold in 3 different packs: 10 grams, 100 grams and 500 grams. This cumulates to a total of 24 SKUs.
- We do not manufacture the products ourselves. Finished products are bought from 3 manufactures in bulk at subsidized prices. There is no explicit contract with any manufacturer.
- Our company then packages the finished products under our own brand name at our facility.
- We do not sell our products in retail directly. We simply sell them to the distributors in Bhutan, Shillong, Sikkim and Darjeeling who purchase our packaged products in bulk and sell them across their respective locations.
- An average of 6,000 kilograms of spices across all varieties is sold every month by our company.
- We have also established partnerships with tea farmers in Darjeeling who will sell us their products in bulk. It will then be packaged under our own and contribute to massive growth in sales and product line expansion in the future.
- The sales increased this year due to larger purchase orders demanded by distributors.
- We require immediate funding to fulfil in-hand high valued purchase orders.
- Each spice is sold in 3 different packs: 10 grams, 100 grams and 500 grams. This cumulates to a total of 24 SKUs.
- We do not manufacture the products ourselves. Finished products are bought from 3 manufactures in bulk at subsidized prices. There is no explicit contract with any manufacturer.
- Our company then packages the finished products under our own brand name at our facility.
- We do not sell our products in retail directly. We simply sell them to the distributors in Bhutan, Shillong, Sikkim and Darjeeling who purchase our packaged products in bulk and sell them across their respective locations.
- An average of 6,000 kilograms of spices across all varieties is sold every month by our company.
- We have also established partnerships with tea farmers in Darjeeling who will sell us their products in bulk. It will then be packaged under our own and contribute to massive growth in sales and product line expansion in the future.
- The sales increased this year due to larger purchase orders demanded by distributors.
- We require immediate funding to fulfil in-hand high valued purchase orders.
Products & Services Overview
- Our company sells 8 different varieties of spices such as turmeric, meat masala, fermented reddish, under our own brand name.- We will be diversifying our product line in the upcoming months by selling different types of tea under our brand name.
Assets Overview
Physical assets include:- Packaging machinery & equipment.
- Furniture & interior fittings.
- Laptops.
Facilities Overview
- Our business runs operations from a rented office spread across 200 sq. ft.- We also have a rented warehouse & packaging unit spread across 600 sq. ft.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Real Estate Agents, Jalpaiguri, Individual Investor / Buyer connected with the Business
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