Spices Business Seeking Loan in Pune, India
For Investment in premium food products brand with 9 years of market presence.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 350 thousand |
| Run Rate Sales | USD 350 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Spices |
| Locations | Pune |
| Local Time | 2:07 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
234 thousand
for
15.0%
annual interest,
4
years
(Native Currency: INR 20,000,000)
Reason: For business growth and expansion & working capital.
Collateral Available: USD 117 thousand
Includes physical assets worth
USD
230 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Product Picture
(64.5 KB)
FSSAI Registration
(227.4 KB)
Business Overview
- Seller and producer of chemical-free jaggery, whole and ground spices, and ready-to-eat products.
- The products are sold under our own registered trademark.
- Perfectly running condition of the factory.
- Average yearly sales of INR 6.5 crore.
- The buyer gets - machinery, factory furniture, product stock, packaging material, the brand, and registered trademarks, they can also continue in the same leased godown.
- The legal entity is not included in the transaction.
- We sell our products in 7 Indian states and 6 countries, with a 90:10 revenue split respectively.
- Have 76 wholesalers in Maharashtra and 2 super stockists for South India. The super stockists have 900 wholesalers under their umbrella.
- Due to a family issue our funds were tied up and we could not dedicate enough time and money to this business. This has affected our sales this year.
- The products are sold under our own registered trademark.
- Perfectly running condition of the factory.
- Average yearly sales of INR 6.5 crore.
- The buyer gets - machinery, factory furniture, product stock, packaging material, the brand, and registered trademarks, they can also continue in the same leased godown.
- The legal entity is not included in the transaction.
- We sell our products in 7 Indian states and 6 countries, with a 90:10 revenue split respectively.
- Have 76 wholesalers in Maharashtra and 2 super stockists for South India. The super stockists have 900 wholesalers under their umbrella.
- Due to a family issue our funds were tied up and we could not dedicate enough time and money to this business. This has affected our sales this year.
Products & Services Overview
- Premium saffron.- Chemical-free jaggery.
- Whole and ground spices.
- Ready to eat range.
Assets Overview
Tangible assets:Packaging machinery worth INR 25 lakh.
Packaging materials worth INR 50 lakh.
Raw materials and product stock worth INR 1.2 crore.
All of the above are in perfect working condition.
Facilities Overview
Our facility is rented and has machines that are in perfect working condition. The facility is located on the South-Eastern outskirts of Pune in an area called Handewadi.
Capitalization Overview
The business is funded by its partners and a few loans. The partners have a 50:25:25 split.Few bank business loans, and 1 unsecured loan. The pending amount is INR 80 lakhs.
The business is owned and operated by a family.
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysPartner, Leisure, Pune, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Pune, Financial Consultant connected with the Business
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