↩ Go Back
Need help?

Sweet Shop Seeking Loan in Patna, India

Chain of 4 sweet and confectionery shops with a base kitchen in Patna.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 6 million
Run Rate Sales USD 6.5 million
EBITDA Margin 14 %
Industries Sweet Shops
Locations  Patna
Local Time 6:59 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6 million for 12.0% annual interest, 7 years (Native Currency: INR 500,000,000)
Reason: Looking to set up new outlets and a new factory for savories.
Collateral Available: USD 2.8 million
Includes physical assets worth USD 1.8 million
Interested to connect with advisors
Documents
Business Overview

- We are a chain of sweet and confectionery shops having 4 outlets with 3 more in the pipeline.

- Have a base kitchen from where we supply products to all our outlets.

- We mainly sell our products through retail channels but also have wholesale clients including major business houses in Patna as well as government offices.

- Was awarded best SME in food processing by ministry of MSME, best sweets & confectionery by Times Retail Icons and Achievers Award by Dainik Jagran.

- Promoters have been in the sweets and confectionery industry for more than 2 decades.

- Physical assets include factory, machinery and equipment, land for the new outlets.

Products & Services Overview

All traditional & modern sweets, bakery and confectioneries.

Facilities Overview

Total area of the 4 outlets and factory are 45,000 Sq Ft approximately. The outlets are rented and the factory is owned by the company. Company also owns 15,000 Sq Ft of additional land which we will be using to set up the new outlets.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    CEO, Visakhapatnam, Financial Consultant connected with the Business
  • Earlier than 15 days
    Independent Advisor, Bangalore, Business Broker connected with the Business
  • Earlier than 15 days
    Founder, Mumbai, Financial Consultant connected with the Business
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.
This transaction has concluded. View similar business opportunities on SMERGERS
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.

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more