Spices Business Seeking Loan in Nalgonda, India
Farmer's food processing unit with authentic, flavorful, high-quality spice powder with a 250kg capacity/hour.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Spices |
| Locations | Nalgonda |
| Local Time | 9:15 PM Asia / Kolkata |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
28.6 thousand
for
15.0%
annual interest,
5
years
(Native Currency: INR 2,500,000)
Reason: As the entire business has been funded through our personal investment of approximately INR 55 lakh,...
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Collateral Available: USD 114 thousand
Includes physical assets worth
USD
28.6 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Udyam Registration
(526.4 KB)
GST Certificate
(135.6 KB)
Business Overview
- Spice production business, currently in the pre-revenue phase.
- Although the business was initiated three years ago, operations had to be temporarily halted due to financial constraints, which is why we do not have sales data for the previous year. We did not operate for the last two years.
- We own 10 acres of agricultural land, where we cultivate high-quality spices such as turmeric and chili. This same land is being pledged as collateral.
- Our facility is equipped with spice grinding machinery that has a production capacity of 250 kg per hour.
- The business is entirely farmer-owned and is located in the Gudimalkapuram village in Nalgonda, which is a mirchi hub, which helps keep transportation costs low.
- We produce spices ourselves or source directly from farmers, eliminating middlemen and ensuring better margins.
- There are three cold storage facilities located within a one-kilometre radius, allowing us to maintain the freshness of our spices.
- Additionally, we benefit from a skilled and low-cost local workforce, which supports efficient operations.
- Our sales strategy will focus on both B2B and B2C channels, targeting retailers and wholesalers as well as direct consumers.
- After getting the business loan, our projected revenue for the first year is INR 24 lakh.
- We are registered under Udyam and hold a valid GST certificate.
- Although the business was initiated three years ago, operations had to be temporarily halted due to financial constraints, which is why we do not have sales data for the previous year. We did not operate for the last two years.
- We own 10 acres of agricultural land, where we cultivate high-quality spices such as turmeric and chili. This same land is being pledged as collateral.
- Our facility is equipped with spice grinding machinery that has a production capacity of 250 kg per hour.
- The business is entirely farmer-owned and is located in the Gudimalkapuram village in Nalgonda, which is a mirchi hub, which helps keep transportation costs low.
- We produce spices ourselves or source directly from farmers, eliminating middlemen and ensuring better margins.
- There are three cold storage facilities located within a one-kilometre radius, allowing us to maintain the freshness of our spices.
- Additionally, we benefit from a skilled and low-cost local workforce, which supports efficient operations.
- Our sales strategy will focus on both B2B and B2C channels, targeting retailers and wholesalers as well as direct consumers.
- After getting the business loan, our projected revenue for the first year is INR 24 lakh.
- We are registered under Udyam and hold a valid GST certificate.
Products & Services Overview
Top-selling products will be chilli and turmeric powders targeted at retailers and wholesale businesses.
Assets Overview
Tangible assets:- Shed (INR 10 lakh)
- Machinery (INR 30 lakh)
The physical assets are worth INR 40 lakh and are necessary to run operations and cannot be diluted.
Intangible assets:
- Udyam registration.
- GST certificate.
Facilities Overview
Our facility is located in Gudimalkapuram village in Nalgonda, just 500 meters from the main road, with 24/7 accessibility. It includes a permanent shed measuring approximately 2,874 sq ft for the manufacturing unit, situated within a total area of about 10,947 sq ft. The premises are leased for a period of 20 years from a family member, and as a result, no rent is being paid.
Capitalization Overview
The business has been entirely self-funded, with a personal investment of approximately INR 55 lakh. We have not taken any bank loans, and there are no outstanding liabilities.
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