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Spices Business Seeking Loan in Thiruvananthapuram, India

Thiruvananthapuram based spices and masala manufacturing company seek loan to introduce new products.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 29 thousand
Run Rate Sales USD 28 thousand
EBITDA Margin 10 %
Industries Spices
Locations  Thiruvananthapuram
Local Time 3:13 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17.5 thousand for 10.0% annual interest, 2 years (Native Currency: INR 1,500,000)
Reason: To grow the business and introduce new products.
Collateral Available: USD 0
Includes physical assets worth USD 17.5 thousand
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Business Name
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Business Overview
- The company focuses on producing a diverse range of high-quality spices, masalas, and related food products that cater to the tastes and preferences of our customers.
- All products are manufactured under our exclusive brand name, ensuring consistent quality and authenticity.
- Our extensive distribution network includes collaboration with distributors and wholesalers, along with direct marketing efforts to reach a wider customer base.
- The manufacturing facility is strategically located in Trivandrum, equipped with modern technology to maintain superior production standards.
- The business operates as a sole proprietorship, providing focused leadership and a commitment to delivering the finest products to the market.
- We prioritize excellence in manufacturing, leveraging expertise and tradition to create products that enhance culinary experiences.
- The company's business model supports flexibility and a customer-first approach, fostering strong relationships across the supply chain.
- Every product is crafted with attention to detail, emphasizing authenticity, flavor, and freshness.
- Company has a GSTN.
Products & Services Overview
We manufacture products like masala, spices under own brand name and sell them through distributors, wholesalers and direct marketing.
Assets Overview
Company has physical assets worth around INR 15 lakh.
Facilities Overview
Our facility is rented and is located in Thiruvananthapuram.
Capitalization Overview
The business is funded through working capital and a term loan of INR 16 lakh from IOB Bank, along with an additional INR 20 lakh contributed by the owner from other sources. The total debt stands at INR 40 lakh, with 100% ownership held by a single individual.
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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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