Snack Manufacturing Company Seeking Loan in Nagpur, India
Upcoming food processing and packaging business seeks a loan to build a factory.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Snack Manufacturing |
| Locations | Nagpur |
| Local Time | 4:49 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
35 thousand
for
10.0%
annual interest,
5
years
(Native Currency: INR 3,000,000)
Reason: To establish a profitable food processing and packing business.
Collateral Available: USD 58 thousand
Interested to connect with advisors
Documents
ROC-Verification.pdf
(65.6 KB)
Business Overview
- Nagpur-based food processing and packaging business that is yet to be operational.
- The snacking and food packaging business is a profitable and expandable business.
- The owner's family member already owns a 1,500 sq. ft. plot where the factory will be set up.
- The plant will have a production capacity of making 250 kg/day.
- The company wants to establish an all-Indian brand but is going to start its operation with 2 major states of Madhya Pradesh and Maharashtra.
- It has acquired an FSSAI license in Madhya Pradesh and will soon get one in Maharashtra.
- The company has the necessary certifications and licenses to run the business.
- It will be a B2B sales model.
- Owners are experienced professionals with an MBA degree in Marketing and an MSW degree.
- Owners already have a good connection with distributors and wholesalers in the market and have prior experience in the food industry.
- The operation of the plant can start as quickly as 3 months after securing the loan.
- The snacking and food packaging business is a profitable and expandable business.
- The owner's family member already owns a 1,500 sq. ft. plot where the factory will be set up.
- The plant will have a production capacity of making 250 kg/day.
- The company wants to establish an all-Indian brand but is going to start its operation with 2 major states of Madhya Pradesh and Maharashtra.
- It has acquired an FSSAI license in Madhya Pradesh and will soon get one in Maharashtra.
- The company has the necessary certifications and licenses to run the business.
- It will be a B2B sales model.
- Owners are experienced professionals with an MBA degree in Marketing and an MSW degree.
- Owners already have a good connection with distributors and wholesalers in the market and have prior experience in the food industry.
- The operation of the plant can start as quickly as 3 months after securing the loan.
Products & Services Overview
The business's products will include:- Corn puff.
- Namkeens.
- Masala peanuts.
- Jeera papad.
Assets Overview
There are no physical assets in the company.
Facilities Overview
The owner owns a 1,500 sq. ft. plot in Nagpur where the plant is going to be set up.
Capitalization Overview
- The company does not have any debt or loan.- The company has 2 shareholders having a stake of 60% and 40% respectively.
Recent Activity
-
Earlier than 15 daysDirector, Import & Export, Dubai, Corporate Investor / Buyer connected with the Business
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