Spices Business Seeking Loan in Delhi, India
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 36 thousand |
| EBITDA Margin | 8 % |
| Industries | Spices |
| Locations | Delhi |
| Local Time | 4:34 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
The firm is a distributor of a known spices brand in Delhi and is looking to raise funds to become their super stockist. We procure the products at a discount from the company and then supply it to retailers in Delhi. Currently supplying spices to 6+ retailers. As a distributor, we do not have a renewal term agreement with the brand.
After raising funds, we would enter into super stockist agreement with the brand on a 3 year term with renewal option. However, we would still continue to receive the goods at a discount from the brand.
Business owned assets include a laptop and furniture.
Current: Distributor of a known spices brand.
In Process: Planning to become super stockist with the same spices brand.
Rented warehouse cum office on 30 gaj.
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Earlier than 15 daysExecutive Director, New Delhi, Financial Consultant connected with the Business
257 Investors viewed this Business.
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