Ready-Made Meals Business Seeking Loan in Pattaya, Thailand
14-year-old Thai packaged foods brand seeking funding to secure FDA certification and relaunch operations.
| Established | 10-20 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 18.5 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Vegetable Processing + 1 more |
| Locations | Pattaya |
| Local Time | 8:05 PM Asia / Bangkok |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
31 thousand
for
3.0%
annual interest,
3
years
(Native Currency: THB 1,000,000)
Reason: Seeking funding to obtain FDA approval and resume operations. We are open to partnership opportuniti...
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Collateral Available: USD 0
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Business Overview
- Located in Pattaya, the business specializes in a packaged foods brand with a history spanning 14 years, though it halted operations 4 years ago due to the COVID-19 pandemic.
- Initially, the business operated on a small scale, generating THB 50,000 in monthly sales and utilizing outsourced production, which was sold through various retail and distribution channels.
- To restart operations, the business requires THB 1 million funding primarily for obtaining Thai FDA approval, a crucial step for market entry.
- Securing FDA certification involves establishing a small factory as a certified food production facility, paving the way for the application of a food production license.
- Once certified, the business plans to expand its distribution strategy, focusing on both B2B (business-to-business) through distribution channels.
- The brand has a wealth of product ideas and tested recipes ready for processing and is poised to cater to a diverse clientele, targeting both Thai and international customers.
- The monetization strategy will revolve around in-house production, enhancing quality control and profitability while maximizing market reach in major supermarkets across Thailand.
- Initially, the business operated on a small scale, generating THB 50,000 in monthly sales and utilizing outsourced production, which was sold through various retail and distribution channels.
- To restart operations, the business requires THB 1 million funding primarily for obtaining Thai FDA approval, a crucial step for market entry.
- Securing FDA certification involves establishing a small factory as a certified food production facility, paving the way for the application of a food production license.
- Once certified, the business plans to expand its distribution strategy, focusing on both B2B (business-to-business) through distribution channels.
- The brand has a wealth of product ideas and tested recipes ready for processing and is poised to cater to a diverse clientele, targeting both Thai and international customers.
- The monetization strategy will revolve around in-house production, enhancing quality control and profitability while maximizing market reach in major supermarkets across Thailand.
Products & Services Overview
- The business offers a diverse range of high-quality packaged food products under four key categories - food in jars, frozen, fresh, and beverages, designed to serve both Thai and international customers.- The food in jars line includes premium jams and pickles, crafted from tested recipes and presented in English-labeled packaging.
- The frozen foods segment features convenient ready-to-eat meals and soups.
- Fresh foods include a daily-prepared selection of cheeses, salads, and sandwiches.
- Complementing these are beverages, such as bottled juices and refreshments.
Assets Overview
The business currently doesn't have any assets of significant value.
Facilities Overview
The business currently does not have a physical facility, but we are planning to lease and establish a production unit in Pattaya.
Capitalization Overview
Self-funded.No outstanding loans.
There is 1 owner in the business.
Tags:
Vegetable Processing Business Seeking Loan in Pattaya, Thailand
·Ready-Made Meals Business Seeking Loan in Pattaya, Thailand
·Fruit Processing Business Seeking Loan in Pattaya, Thailand
·Lend to Vegetable Processing Business in Pattaya, Thailand
·Lend to Ready-Made Meals Business in Pattaya, Thailand
·Lend to Fruit Processing Business in Pattaya, Thailand
·Vegetable Processing Business Seeking Loan
·Ready-Made Meals Business Seeking Loan
·Fruit Processing Business Seeking Loan
·Lend to Vegetable Processing Business
·Lend to Ready-Made Meals Business
·Lend to Fruit Processing Business
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