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Vegetable Processing Company Seeking Loan in Nausori, Fiji

Dedicated 5-member vegetable processing company seeks a loan for a new warehouse and machinery.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Public Limited Company
Reported Sales USD 2 thousand
Run Rate Sales USD 3.7 thousand
EBITDA Margin 40 %
Industries Vegetable Processing
Locations  Nausori
Local Time 11:56 AM Pacific / Fiji
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4.4 thousand for 2.0% annual interest, 5 years (Native Currency: FJD 10,000)
Reason: We are seeking funding to build the warehouse and acquire supply chain machinery.
Collateral Available: USD 2.2 thousand
Includes physical assets worth USD 35.4 thousand
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Business Overview
- Located in Nausori, our business specializes in vegetable processing, offering a range of locally made powdered products including ginger, tomatoes, garlic, and vanilla.
- With a team of 5 dedicated employees, we distribute and supply our products to prominent supermarkets like Extra and New World, making them easily accessible to local and international customers.
- Our flagship product, the 300-gram jar of ginger powder, is priced competitively at $19.95 and is available for both local consumption and export, becoming a favourite addition to tea, coffee, soups, and baked goods.
- Serving a loyal customer base exceeding 10,000, our products are in high demand for their taste and quality, consistently stocked on supermarket shelves across Fiji.
- We ensure quality and consistency by procuring local ginger with our own funds, processing it into powder, and maintaining direct delivery to supermarkets, emphasizing our commitment to local agriculture and production.
- The convenience of our product packaging, which allows for easy usage with a simple spoon, enhances the user experience and encourages repeated purchases.
- Our entrepreneurial focus on local resources not only supports the regional economy but also creates a unique selling proposition for our products in both domestic and international markets.
Products & Services Overview
Our top-selling product is ginger powder, available at Fiji's top brand supermarkets, Extra and New World. Customers buy it locally and take it overseas. Convenient and user-friendly, our 300-gram jar is priced at $19.95. Simply open the lid, use a spoon, and can be added to tea, coffee, soups, or baked goods.
Assets Overview
Tangible assets: we have bought a small peeling machine, a slicer machine, a dehydrator and 2 grinding machines.
We have a Suzuki Espresso Mini SUV for delivery of the products and other business-related activities.
Facilities Overview
We need to build a supply chain warehouse equipped with a ginger peeler, slicer, dehydrator, grinder, and packing machines for the final product.
Capitalization Overview
Our company is owned by the promoter and his wife both have 50% shareholders with a signed partnership agreement.
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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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