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Vegetable Farm Seeking Loan in Chennai, India

Chennai based firm engaged in the farming and wholesale trade of lowers, fruits, and vegetables.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 3 - 4 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 10 - 20 %
Industries Agriculture Wholesale + 1 more
Locations  Chennai
Local Time 4:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 120 thousand for 15.0% annual interest, 5 years (Native Currency: INR 10,000,000)
Reason: Funds will be used to set up a dehydration plant worth INR 30 lakhs and to fund working capital requ... View More
Collateral Available: USD 90 thousand
Includes physical assets worth USD 10 thousand
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Business Name
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Business Overview

- Engaged in distribution of fresh fruits, vegetables and flowers for the last 3 years.

- Produce and supply a variety of flowers, fruits and vegetables like garlic, onion, ginger, mango, coconut, and herbs.

- Most of the produce is sourced from our own 25-acre farm and floriculture farm.

- Also source produce from local farmers when there is an increase in seasonal demand.

- Supply our produce to 4 wholesalers in Tamil Nadu and Karnataka.

- Also supply fruits and vegetables to government run FPOs.

- Sell an average of 4,000 - 5,000 of flowers, 20-50 kg of fruits, and 20-50 kg of vegetables every day.

- Pre-pandemic, we reported a revenue of INR 60 lakh with an operating profit margin of 20%

- Intend to raise capital to set up a dehydration plant and export 3MT of agricultural produce each month to countries in the Middle East.

- We have obtained the IEC license and are currently negotiating with 2 wholesalers buyers from the Gulf countries.

Products & Services Overview

Cut flowers, fruits such as mango and coconut, and vegetables including garlic, onion, ginger, and herbs.

Assets Overview

Inventory of agricultural produce and 1 Bolero pickup truck.

Facilities Overview

25 acres of land personally owned by the promoter. The facility houses a farmhouse.

Recent Activity
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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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