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Agriculture Wholesale Business Seeking Loan in Trichy, India

Wholesale supplier of fresh fishes, prawns, and crabs in Trichy, seeks funds for expanding supply capacity.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 46 thousand
EBITDA Margin 10 - 20 %
Industries Agriculture Wholesale
Locations  Trichy
Local Time 1:39 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6 thousand for 12.0% annual interest, 1 year (Native Currency: INR 500,000)
Reason: Need funds to increase our supply capacity from 1.2 tons to 4 tons per week, lease additional vehicl... View More
Collateral Available: USD 24 thousand
Includes physical assets worth USD 3.6 thousand
Interested to connect with advisors
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Business Overview

- Wholesale supplier of quality fresh fishes, prawns, and crabs in Trichy.

- We purchase the products from auctions in the Kanyakumari fish market.

- Supply in bulk to 6-7 retailers in Trichy and we also sell to individual customers including the nearby church, bank, and school staff.

- Currently, we handle up to orders of 1.2 tons per week.

- Local wholesale fish market in the area has been closed by the government to develop shopping complexes and the demand for seafood has increased.

- We plan to increase our supply capacity from 1.2 tons to 4 tons per week. This will also allow us to increase our margins and lower transportation costs (per kg).

- Also, have plans for exports in the future and we have an IEC license.

Products & Services Overview

Vanjaram, vila meen, nethili, pomfret, squids, prawns, sheela fish, tuna, ooli, scrab.

Assets Overview

2 freezers.

Facilities Overview

Currently working from a residence-based office. Have identified a proper workplace of 200 sq ft near the previous market location.

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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