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Profitable Warehousing Company Seeking Loan in Gonda, India

Cold storage company running with 80% capacity from Uttar Pradesh with 1,500+ customers seeks loan.

Established 20-30 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 230 thousand
Run Rate Sales USD 290 thousand
EBITDA Margin 35 %
Industries Warehousing
Locations  Gonda
Local Time 9:25 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 290 thousand for 12.0% annual interest, 2 years (Native Currency: INR 25,000,000)
Reason: The business is seeking loan to maximize the capacity utilization for its cold storage.
Collateral Available: USD 0
Includes physical assets worth USD 750 thousand
Interested to connect with advisors
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Business Name
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Documents
Business Overview
- Cold storage that mostly stores the farmer's produce and has 1,000 to 1,500 farmers as their customers.
- Potato is the most stored produce in our storage. We receive the product during the time Feb to mid-April. The storage is generally distributed from July to the end of August and by the time of November the potato produce is exhausted.
- From October till June the storage has a new product which is apples that are generally stored for 5 months.
- Oranges and grapes are more perishable items and are stored for a period of 30 days.
- The produce is distributed to wholesalers and district mandis.
- Our revenue is earned through the rent paid by the farmers and traders for storing their products.
- The business does not have continuous cash flow, we do not receive payment monthly, and we receive payment only after the storage period ends.
- Potato storage rent is fixed among the farmers and traders.
- The storage is currently running at 80% capacity and we wish to maximize our capacity by utilizing the loan amount.
- The company is registered in Kanpur, but it is operating from Gonda.
Products & Services Overview
We offer temperature-controlled storage for direct agricultural produce.
Assets Overview
- Own land and buildings.
- Cold storage machine.
Facilities Overview
The business has its own land of area 4,000 sqm from where it has the cold storage. This is located in Gonda.
Capitalization Overview
- The business is self-funded and there are 12 shareholders in the business.
- We have a working capital loan of INR 1.74 cr.
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
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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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