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Warehousing Company Seeking Loan in Jalpaiguri, India

Cold storage business with 40,000 sqft cold storage area and projected turnover of INR 4cr.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Warehousing
Locations  Jalpaiguri
Local Time 8:49 PM Asia / Kolkata
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 2.37 million for 10.0% annual interest, 12 years (Native Currency: INR 200,000,000)
Reason: The owner wants to expand his business and is looking for funding to construct the building for cold... View More
Collateral Available: USD 4.7 million
Includes physical assets worth USD 237 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview
• We have a cold storage business located in Jalpaiguri with 6 employees.
• Our business will provide a 40,000 sq ft vegetable cold storage area, with no loss in business.
• We enjoy an open market to do work, with a 100% return in cold storage.
• We are the sole traders for cold storage in a 5 km vicinity.
• 20,000 metric tonne capacity, with a rent of Rs 100 per bag, 4 lakh bags available for storage.
• Projected yearly sales of 4cr and monthly sales of 10 lakhs.
• Ours is a perfect business opportunity for investors looking to benefit from the fresh vegetable market.
Products & Services Overview
The top-selling service will be the cold storage rental facility for farmers.
Assets Overview
Tangible assets include.
- Owned land (not on lease)
- Compressors.
- Freezers.
- Cold fridge.
- Raw material.
Facilities Overview
The company has its own land and needs funding for a building that will be 40,000 sqft big and 50ft high.
Capitalization Overview
The business is a private limited that has been funded earlier by the bank but needs extra funds for setting up the facility. There are two partners in the business with a 50% stake in each.
Recent Activity
  • Earlier than 15 days
    MD, Delhi, Investment Bank connected with the Business
  • Earlier than 15 days
    Founder & CEO, Chennai, M&A Advisor connected with the Business
  • Earlier than 15 days
    Founder CEO LB FInancial Services, Kolkata, Financial Consultant connected with the Business
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4 Investors already contacted this Business. Register below to connect now!
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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