Fishing Business Seeking Loan in Dhaka, Bangladesh
Fishing vessel to catch fish or other seafood for commercial.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 200 - 300 thousand |
| Run Rate Sales | USD 216 thousand |
| EBITDA Margin | 7 % |
| Industries | Fishing |
| Locations | Dhaka |
| Local Time | 2:51 PM Asia / Dhaka |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
41 thousand
for
16.0%
annual interest,
5
years
(Native Currency: BDT 5,000,000)
Reason: We require this funding to purchase a new fishing vessel to increase sales.
Collateral Available: USD 16.4 thousand
Includes physical assets worth
USD
180 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Registration Card of Boat
(1.0 MB)
Trade License
(651.2 KB)
Business Overview
- The business operates in the fishing industry, specifically in the area of Dhaka, utilizing two fishing vessels dedicated to commercial fishing.
- Key product offerings include popular seafood varieties such as hilsa, pomfret, ribbon fish, and pama crocker, which are highly sought after in regional markets.
- The firm has established a robust distribution network, supplying fish directly to 12 to 15 vendors daily, ensuring consistent cash flow and market presence.
- Besides vendor distribution, the business supports one retail chain shop, expanding its reach and accessibility to end consumers.
- With a lean operational structure, the company efficiently manages its fishing activities and distribution logistics with only five employees.
- By focusing on direct sales to vendors, the business minimizes intermediaries, maximizing profit margins and maintaining competitive pricing in the local market.
- The company's strategic location in Dhaka positions it advantageously to capitalize on both supply from nearby waterways and demand from the densely populated urban zone.
- Key product offerings include popular seafood varieties such as hilsa, pomfret, ribbon fish, and pama crocker, which are highly sought after in regional markets.
- The firm has established a robust distribution network, supplying fish directly to 12 to 15 vendors daily, ensuring consistent cash flow and market presence.
- Besides vendor distribution, the business supports one retail chain shop, expanding its reach and accessibility to end consumers.
- With a lean operational structure, the company efficiently manages its fishing activities and distribution logistics with only five employees.
- By focusing on direct sales to vendors, the business minimizes intermediaries, maximizing profit margins and maintaining competitive pricing in the local market.
- The company's strategic location in Dhaka positions it advantageously to capitalize on both supply from nearby waterways and demand from the densely populated urban zone.
Products & Services Overview
The business's top-selling products:- Hilsa, pomfret, ribbon, pama crocker, ribbon fishes.
The fish are sold directly to vendors on a daily basis.
Assets Overview
Tangible assets:2 fishing boats.
Cars.
Warehouse set up and equipment.
These assets are crucial for our operations and cannot be liquidated.
Facilities Overview
Operates from a rented office, and a warehouse.
Capitalization Overview
Self-funded with no debts.Sole proprietorship business.
Recent Activity
-
Earlier than 15 daysFinance Director, NGO, London, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManager, Maritime, Vigo, Individual Investor / Buyer connected with the Business
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