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Aquaculture Business Seeking Loan in Nagapattinam, India

Whiteleg (vannamei) shrimp farming business with production capacity of 15-ton per year seeks working capital.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 36.4 thousand
Run Rate Sales USD 27.3 thousand
EBITDA Margin 20 - 30 %
Industries Aquaculture
Locations  Nagapattinam
Local Time 4:55 PM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 5.7 thousand for 15.0% annual interest, 3 years (Native Currency: INR 500,000)
Reason: The owner has reinvested the profits toward increasing the yearly production capacity to 15-tons and... View More
Collateral Available: USD 2.27 thousand
Includes physical assets worth USD 10.2 thousand
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Business Overview
- Vannamei shrimp farming business with a yearly production capacity of 15-tons.
- For the past few years, we were utilizing only a 4-tons capacity (out of 10 tons) and the owner has recently upgraded the infrastructure to increase the production capacity to 15 tons per year.
- We supply our produce to clients in the local market and the majority of our clients are exporters and distributors. Have 6 repeat clients and some of our well-known clients include Nila Sea Foods and Diamond Sea Foods.
- Our produce and the orders themselves have remained consistent, but the price of shrimps has reduced due to market conditions. As a result, our sales have decreased.
- Promoter has over 6 years of aquaculture experience.
Products & Services Overview
Vannamei shrimp (whiteleg shrimp) is supplied to exporters and distributors.
Assets Overview
All infrastructure for the 3-acre shrimps farming facility.
Facilities Overview
Leased 3-acre individual facility near Thalainayiru for 5 years, 15-ton capacity infrastructure.
Capitalization Overview
Funded with existing sales and investment made by the promoter. Sole proprietorship with no liabilities/debts.
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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