Rice Trading Business Raising Funds In Hubli-Dharwad
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Product / Service
They source high-quality rice directly from local farmers, meticulously process and package it, ensuring the finest quality, and subsequently distribute it within the market to meet the demands of discerning consumers.
Clientele type
Their clientele primarily consists of local markets and distributors, boasting a robust network of distributors spanning regions such as Sangdi, Kolhapur, Pune, Mumbai, and beyond.
Premises
They outsource their packaging and branding through job work, paying variable fees for these services.
Asking Price Includes
The terms of the transaction can be discussed with the potential investors.
Reason
The investment serves two key purposes:
Firstly, it provides capital to increase rice trading by taking advantage of a 5-day payment cycle.
Secondly, it enables long-cycle trading, purchasing paddy during the season and selling it at a profit during the offseason. This dual approach promises enhanced liquidity and profitable seasonal opportunities.
Other Details
They seek funding to procure paddy during the peak season and capitalize on off-season sales, a strategy with substantial profit potential that demands significant capital investment.
The payment cycle typically spans 5 days, with funds being received approximately 4-5 days after the date of supply.
The profit margin varies in response to market price fluctuations.
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₹10 to ₹200 Cr
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