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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 60 thousand
Run Rate Sales USD 30 thousand
EBITDA Margin 20 %
Industries Spices
Locations  Delhi
Local Time 3:01 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 60 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 6 thousand
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Business Name
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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.

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
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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.
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