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Agriculture Business Seeking Loan in Hyderabad, India

Need business loan to expand our innovative Murrel fish culture and drum stick farming.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 65 thousand
Run Rate Sales USD 71 thousand
EBITDA Margin 20 %
Industries Agriculture
Locations  Hyderabad
Local Time 3:12 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 118 thousand for 14.0% annual interest, 4 years (Native Currency: INR 10,000,000)
Reason: To expand the facility, create new ponds with 80 lakh litre water capacity, purchase more fish food,... View More
Collateral Available: USD 236 thousand
Includes physical assets worth USD 83 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Business doing Murrel fish culture and ODC3 hybrid drum stick farming on owned land located near Hyderabad.
- Murrel fish has excellent demand in Andhra Pradesh, Telangana, Karnataka and Maharashtra. Drumstick has very good demand in Mahbubnagar, Raichur, Wanaparthy, Gadwal, Kurnool, Bangalore and Hyderabad.
- This variety of fish costs between INR 500 to 600 per kg in India.
- We produce around 20 tons of fish and 500 drumsticks per year. Once we expand our facility we will be able to produce 80 tons of fish and 3,000 drumsticks per year.
- We have more than 10 wholesale dealers who directly visit our facility and purchase our products.
- Business owns land, shed, tanks, pumps and motors.
Products & Services Overview
Murrel Fish Culture along with ODC3 Hybrid Drum Stick Farming.
Facilities Overview
Owned 4 acre land located on the outskirts of Hyderabad.
Capitalization Overview
Not Disclosed
Recent Activity
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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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