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Fishing Business Seeking Loan in Mauritius

Fishing company having 2-3 large clients, seeks funding to buy 2nd hand 20 meters vessel.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 22 thousand
Run Rate Sales USD 26 thousand
EBITDA Margin 25 %
Industries Fishing
Locations Mauritius
Local Time 8:48 AM Indian / Mauritius
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 110 thousand for 10.0% annual interest, 6 years (Native Currency: MUR 5,000,000)
Reason: To buy 2nd hand fishing vessel.
Collateral Available: USD 22 thousand
Includes physical assets worth USD 2.2 thousand
Interested to connect with advisors
Documents
Business Overview

- Our company is involved in fishing activities in Mauritius.

- We had our own vessel that we were operating from 3 year but due to some circumstance, we sold the vessel.

- We are looking to buy a 2nd hand 10 meter long vessel.

- Our current operation is, buying and selling of fish / seafood to local market.

- Have about 2-3 large customers for the same.

- Demand of fish is great in Mauritius and readily available large customers base.

Products & Services Overview

Fish and other seafoods.

Facilities Overview

Based in Mauritius.

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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