Need help?

Snack Manufacturing Business Seeking Loan in Kasaragod, India

Food manufacturing company that manufactures potato and banana chips seek a business loan.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 58 thousand
Run Rate Sales USD 62 thousand
EBITDA Margin 25 %
Industries Snack Manufacturing
Locations  Kasaragod
Local Time 8:44 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 17.3 thousand for 8.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: The funds will be used to grow our business to other cities, and increase our product line.
Collateral Available: USD 0
Includes physical assets worth USD 29 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Manufacturer of potato chips and banana chips seeking funds to expand into other FMCG products.
- The production capacity is 4,000 - 5,000 packets per day.
- We sell our products in the wide market in Kerala & Karnataka.
- Our clients are usually supermarkets, bakeries and other stationery shops.
- Have more than 3 distributors.
- We are looking to grow our business to other cities, and increase our product line.
- At present, there are no business loans taken by the company.
- The company has 5 partners.
Products & Services Overview
Planning to launch new products: Puff, rings, sticks, and also planning to FMCG products. Currently have potato chips and banana chips as products.
Assets Overview
The tangible assets include all manufacturing setup, office interior.
Facilities Overview
2,000 Sq Ft rented office, warehouse, and manufacturing machine area. 10km away from Kasaragod.
Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business. Register below to connect now!
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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more