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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 45 thousand
EBITDA Margin 10 - 20 %
Industries Agriculture Wholesale
Locations  Trichy
Local Time 1:14 AM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 5.9 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 23.6 thousand
Includes physical assets worth USD 3.54 thousand
Interested to connect with advisors
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Business Name
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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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