Spices Business Seeking Loan in Delhi, India
Procure quality spices directly from farmers across India and sell to B2B and B2C customers.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 56 thousand |
| Run Rate Sales | USD 28 thousand |
| EBITDA Margin | 20 % |
| Industries | Spices |
| Locations | Delhi |
| Local Time | 4:08 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
58 thousand
for
12.0%
annual interest,
5
years
(Native Currency: INR 5,000,000)
Reason: For working capital and to purchase more inventory.
Collateral Available: USD 0
Includes physical assets worth
USD
5.8 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Domain-Verification.pdf
(212.8 KB)
Business Overview
- Firm sells a wide range of spices under own brand name.
- We procure spices from 100+ farmers who are based across India.
- After sourcing the spices, we package it at our warehouse facility.
- We sell to both B2B and B2C clients. Generate 70% of sales from B2C customers and remaining 30% sales from B2B customers.
- B2B clients: Have over 5 B2B clients across Delhi NCR and number of clients vary depending on the market situation.
- B2C clients: We sell directly to B2C customers through Snapdeal, Flipkart, Amazon, ShopClues and via our own website.
- Our run rate sales have reduced due to COVID-19.
- We procure spices from 100+ farmers who are based across India.
- After sourcing the spices, we package it at our warehouse facility.
- We sell to both B2B and B2C clients. Generate 70% of sales from B2C customers and remaining 30% sales from B2B customers.
- B2B clients: Have over 5 B2B clients across Delhi NCR and number of clients vary depending on the market situation.
- B2C clients: We sell directly to B2C customers through Snapdeal, Flipkart, Amazon, ShopClues and via our own website.
- Our run rate sales have reduced due to COVID-19.
Products & Services Overview
Sells a wide range of spices and related products which include cardamom, cinnamon, black pepper, masalas & powders, turmeric.
Assets Overview
7 packaging machines, 5 laptops and multiple furniture.
Facilities Overview
Working from home-based office. In addition, we have a warehouse / packaging facility of 500 sq ft on rent.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPromoter, Food Processing, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Construction, New Delhi, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Recruitment Services, Gurgaon, Individual Investor / Buyer connected with the Business
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