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Vegetable Processing Business Seeking Loan in Samastipur, India

Samastipur based vegetable processing business with diverse product range looking for loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 116 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 12 %
Industries Vegetable Processing
Locations  Samastipur
Local Time 2:15 AM Asia / Kolkata
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 116 thousand for 10.0% annual interest, 4 years (Native Currency: INR 10,000,000)
Reason: We are seeking this loan to facilitate our expansions plans. We will improve our packaging and incre... View More
Collateral Available: USD 0
Includes physical assets worth USD 35 thousand
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Business Overview
We are pleased to present our business a vegetable processing business located in Samastipur, specializing in the production and distribution of a range of high-quality products. Below are key points to consider:
1. Product Range: The business offers a diverse range of products including foxnut, raisin, jeera, cumin seeds, green and black cardamom, targeting the growing demand for healthy and flavorful ingredients in the food and beverage industry.
2. Market Presence: With a focus on creating multiple brands and offering dry fruits and masala powders, the business has positioned itself to cater to various consumer preferences and market segments.
3. Sales and Distribution: The owner brings valuable channel sales experience of 10 years in the food and beverage industry, and the business currently sells to 50-60 wholesalers in Bihar alone, & serving a total of approximately 100 clients around Delhi and other North Indian regions.
4. Growth Potential: The business has the potential for expansion and diversification, given the increasing demand for high-quality, locally-sourced ingredients in the food industry. We were operational for just a few months last year.
5. Scalability: The business model is conducive to scaling operations to meet the growing demand and expanding its reach to new markets beyond the current geographical scope.
6. We also hire daily wage contract workers to run our operations.
Products & Services Overview
Our top selling products include-:
- Foxnut.
- Reisin.
- Jeera.
- Cumin seeds.
- Green and black cardamom.
Assets Overview
Tangible assets include the stock of the business.
Facilities Overview
Office rented, warehouse 4,000 square feet warehouse, in Bihar.
Capitalization Overview
There are 2 owners of the firm currently, who own the business completely. There are no loans for the business at the moment.
Recent Activity
  • Earlier than 15 days
    Director, Patna, Financial Consultant connected with the Business
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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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