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 |
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...
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Collateral Available: USD 2.27 thousand
Includes physical assets worth
USD
10.2 thousand
Interested to connect with advisors
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Business Name
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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.
- 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
-
Earlier than 15 daysTechnical Partner, EduTech, Richardson, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Visakhapatnam, Financial Consultant connected with the Business
-
Earlier than 15 daysIndependent Advisor, New Delhi, Financial Consultant connected with the Business
Tags:
Aquaculture Business Seeking Loan in Nagapattinam, India
·Marine Business Seeking Loan in Nagapattinam, India
·Lend to Aquaculture Business in Nagapattinam, India
·Lend to Marine Business in Nagapattinam, India
·Aquaculture Business Seeking Loan
·Marine Business Seeking Loan
·Lend to Aquaculture Business
·Lend to Marine Business
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