Rice Mill Seeking Loan in Rangpur Division, Bangladesh
Automatic rice mill near a water canal operating at a production capacity 8 MT PH.
| Established | 40-50 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 4.1 million |
| Run Rate Sales | USD 2.94 million |
| EBITDA Margin | 15 % |
| Industries | Rice Mills |
| Locations | Rangpur Division |
| Local Time | 4:33 PM Asia / Dhaka |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
410 thousand
for
10.0%
annual interest,
5
years
(Native Currency: BDT 50,000,000)
Reason: Funds will be used for working capital.
Collateral Available: USD 326 thousand
Includes physical assets worth
USD
1.63 million
Interested to connect with advisors
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Business Name
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Project Details
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Business Overview
Firm runs a rice mill in Bangladesh that has a market presence for approx 40 years. We manufacture different types of rice under our own brand name. Have more than 50 regular clients based across the country. Factory location is good as the raw materials are available in bulk quantities. We procure raw materials directly from farmers and local markets.
Business has been running profitability over the years. Our run rate revenue has reduced due to COVID-19. Factory is fully automatic and has an hourly production capacity of 8 MT. We operate at 100% capacity. Business owned assets include land, building and machinery. Sales have dropped due to the pandemic induced business restrictions.
Business has been running profitability over the years. Our run rate revenue has reduced due to COVID-19. Factory is fully automatic and has an hourly production capacity of 8 MT. We operate at 100% capacity. Business owned assets include land, building and machinery. Sales have dropped due to the pandemic induced business restrictions.
Products & Services Overview
Manufacture different types of rice including fine rice, broken rice, husk, bran and husk ash.
Assets Overview
Land, construction, machinery and the virtual assets.
Facilities Overview
Owned land of 183 decimal. Factory is well built and is located near water canal.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysManagement, Financial Services, Mumbai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Milan, Financial Consultant connected with the Business
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