Spices Business Seeking Loan in Pondicherry, India
Profitable spices manufacturing company based out of Pondicherry seeks funding for business expansion.
This transaction has concluded.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 360 thousand |
| Run Rate Sales | USD 430 thousand |
| EBITDA Margin | 25 % |
| Industries | Spices |
| Locations | Pondicherry |
| Local Time | 1:26 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
60 thousand
for
10.0%
annual interest,
4
years
(Native Currency: INR 5,000,000)
Reason: For business expansion in other major cities.
Collateral Available: USD 0
Includes physical assets worth
USD
120 thousand
Interested to connect with advisors
Business Overview
- Manufacturers of spices based out of Pondicherry and incorporated in 2015.
- We also manufacture millet batter and traditional foods specific to Pondicherry in small quantity.
- Manufacturing capacity of the unit is 1 Ton of spices per day.
- We supply to around 30 - 35 retailers and wholesalers in large quantity.
- All our customers are from Pondicherry currently and we would like to expand in other cities.
- We have our own factory located on NH Road.
Products & Services Overview
Blended masala powders like Chicken masala, Garam masala, Mutton masala, Sambhar masala, Spice powder, Turmeric powder, Non-veg masala powder and few traditional foods items of Pondicherry.
Facilities Overview
Factory area size of 5,000 sqft and it is owned by the company.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysFounder, Mumbai, Financial Consultant connected with the Business
-
Earlier than 15 daysManaging Partner, Agro Import & Export, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Food Wholesale, Singapore, Individual Investor / Buyer connected with the Business
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