Spices Company Seeking Loan in Bengaluru, India
Well-established spice manufacturing business with strong distribution networks and operational capacity across multiple states.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 100 - 200 thousand |
| Run Rate Sales | USD 120 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Spices |
| Locations | Bengaluru |
| Local Time | 11:37 PM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
110 thousand
for
12.0%
annual interest,
7
years
(Native Currency: INR 10,000,000)
Reason: To support machinery expansion and accommodate a broader range of SKUs, the business requires additi...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
35.5 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Located in Bengaluru, this spice manufacturing company specialises in producing high-quality food ingredients, including chilli powder, garam masala, and compounded spice mixes.
- With a robust production capacity of 1.5 tons/day (current utilisation - 50%), the company supplies its products primarily to the wholesale market, focusing on the southern states of Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana.
- The business currently serves approximately 53 to 55 customers, which include retailers, distributors, and various food businesses that utilise their spices in everyday cooking and food preparation.
- Distribution channels are expanding as the company transitions from solely wholesale to also handling direct distribution, enhancing market reach and customer engagement.
- The company plans to enhance its operational capabilities through investment, aiming to increase working capital for further scaling of its production and distribution efforts.
- Product labelling is carefully managed with its own trademarks, ensuring brand recognition and customer trust, while pouch materials are outsourced to maintain quality and freshness.
- With a dedicated team of 5 permanent employees, the company is poised for growth, especially with future investments aimed at improving infrastructure and market presence.
- The company operates under recognised licenses, including GST and FSSAI compliance, ensuring adherence to industry standards for food safety and quality. The company was registered as a private limited company last year.
- With a robust production capacity of 1.5 tons/day (current utilisation - 50%), the company supplies its products primarily to the wholesale market, focusing on the southern states of Karnataka, Tamil Nadu, Andhra Pradesh, and Telangana.
- The business currently serves approximately 53 to 55 customers, which include retailers, distributors, and various food businesses that utilise their spices in everyday cooking and food preparation.
- Distribution channels are expanding as the company transitions from solely wholesale to also handling direct distribution, enhancing market reach and customer engagement.
- The company plans to enhance its operational capabilities through investment, aiming to increase working capital for further scaling of its production and distribution efforts.
- Product labelling is carefully managed with its own trademarks, ensuring brand recognition and customer trust, while pouch materials are outsourced to maintain quality and freshness.
- With a dedicated team of 5 permanent employees, the company is poised for growth, especially with future investments aimed at improving infrastructure and market presence.
- The company operates under recognised licenses, including GST and FSSAI compliance, ensuring adherence to industry standards for food safety and quality. The company was registered as a private limited company last year.
Products & Services Overview
Our top-selling products are chilli powder, garam masala, and compounded spice mixes, supplied in bulk to the wholesale market. These products are widely used by retailers, distributors, and food businesses across other southern states through direct sales.Products are marketed and sold exclusively under our own trademarked brand, ensuring ownership, credibility, and long‑term brand equity.
Assets Overview
Tangible assets:Manufacturing equipment.
Packaging machinery.
Vehicles and raw materials.
Intangible assets:
GST, FSSAI, and trademark require renewal every 3 years.
Receivables of INR 13 lakh.
Facilities Overview
The business operates from a 3,000 sq. ft. facility with a power capacity of 45 HP. The premises are leased for a period of 5 years and incur a monthly rent of INR 40k.
Capitalization Overview
The business has been bootstrapped with an investment of INR 60 lakh, and it currently has a bank loan of INR 45 lakh.The business is funded through partner equity with four owners, one holding 55% and the remaining three holding around 15% each.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
20 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ other businesses of all sizes.
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.
You might also be interested in these businesses