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    Spices Businesses Seeking Loan in Delhi

    Showing 1 - 2 of 2 Spices Businesses Seeking Loan in Delhi. Lend to a Spice Business.

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    Spices Business Seeking Loan in Delhi, India

    Distributor of a known spices brand in Delhi, seeking funds to become their super stockist.
    The firm is a distributor of a known spices brand in Delhi and is looking to raise funds to become their super stockist. We procure the products at a discount from the company and then supply it to retailers in Delhi. Currently supplying spices to 6+ retailers. As a distributor, we do not have a renewal term agreement with the brand. After raising funds, we would enter into super stockist agreement with the brand on a 3 year term with renewal option. However, we would still continue to receive the goods at a discount from the brand. Business owned assets include a laptop and furniture.
    6.8   Delhi
    Run Rate Sales
    USD 36 thousand
    EBITDA Margin
    8 %
    Business Loan
    USD 12 K at 20%
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    Spices Business Seeking Loan in Delhi, India

    Procure quality spices directly from farmers across India and sell to B2B and B2C customers.
    - Firm sells a wide range of spices under own brand name. - We procure spices from 100+ farmers who are based across India. - After sourcing the spices, we package it at our warehouse facility. - We sell to both B2B and B2C clients. Generate 70% of sales from B2C customers and remaining 30% sales from B2B customers. - B2B clients: Have over 5 B2B clients across Delhi NCR and number of clients vary depending on the market situation. - B2C clients: We sell directly to B2C customers through Snapdeal, Flipkart, Amazon, ShopClues and via our own website. - Our run rate sales have reduced due to COVID-19.
    7.5   Delhi
    Run Rate Sales
    USD 30 thousand
    EBITDA Margin
    20 %
    Business Loan
    USD 60 K at 12%
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    • How many spices businesses seeking loan in Delhi are listed on SMERGERS?
      There are 2 active and verified spices businesses seeking loan in Delhi listed on SMERGERS as of 19 April 2024.
    • What level of due diligence does SMERGERS conduct on the businesses/member?

      SMERGERS scrutinizes all profiles and only features a select group of businesses, investors, advisors that meet a basic requirement. When required, certain members may have submitted some form of proof …read more
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