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Spices Business Seeking Loan in Kudal, India

Spice manufacturing plant, seeking funds to execute production and sales.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 40 thousand
EBITDA Margin 8 %
Industries Spices
Locations  Kudal
Local Time 4:53 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 270 thousand for 18.0% annual interest, 4 years (Native Currency: INR 20,000,000)
Reason: For purchase of additional machinery and working capital for raw material.
Collateral Available: USD 64 thousand
Includes physical assets worth USD 80 thousand
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Documents
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Land Document
Business Overview

- We are a newly established company, and have setup our own manufacturing plant for producing spice powders.

- Producing in small quantities and able to distribute only to local retailers due to financial constraints. Our facility has capacity of producing over 1 Ton worth of products.

- Producing multiple spice powder products with good quality standards. We are planning to establish good customer base in Mumbai and other parts of Maharashtra.

- Market research and branding efforts are completed. We are looking to tie-up with distributors and wholesalers to sell our products.

Products & Services Overview

Spice powders such as Chicken Masala, Mutton Masala, Garam Masala, Sabaji Masala, Fish Masala, Malvan Masala, Haldi Powder, Mirchi Powder, Dhaniya Powder.

Facilities Overview

- Owned factory building having 1,500 Sq. Ft. area and storage capacity is 1,000 Sq. Ft.

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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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