Food Wholesale Company Seeking Loan in Male, Maldives
Well-established wholesale-shop specializing in distribution of food products to businesses seeking a business loan.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 980 thousand |
| Run Rate Sales | USD 125 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Food Wholesale |
| Locations | Male |
| Local Time | 10:48 PM Indian / Maldives |
| Listed By | Management Member |
| Status | Active |
Seeking Loan
USD
195 thousand
for
12.0%
annual interest,
5
years
(Native Currency: MVR 3,000,000)
Reason: Develop and elevate the business to the next level by expanding our product portfolio. We have agree...
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Collateral Available: USD 227 thousand
Includes physical assets worth
USD
290 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Documents
Proposal Profile
(91.3 KB)
Expected Net Income after Reinvestment
(14.2 KB)
Office Board
(56.5 KB)
Visiting Card
(35.6 KB)
Our Wholesale Shop in Bazar
(92.9 KB)
Registration Certificate
(764.8 KB)
Certificate of Goods Standing
(673.8 KB)
Business Overview
- Established presence in the food wholesale industry, specializing in supplies for resort hotels and guesthouses in Malé.
- Extensive client portfolio includes 3-5 star hotel chains, 34 resort clients, and 74 shops and supermarkets, ensuring strong B2B relationships.
- Diverse product offerings include imported canned foods, juices, and spices catering to a variety of culinary needs.
- Strategic sourcing from reliable suppliers in India, Malaysia, and Dubai to ensure high-quality products.
- The business is facing financial constraints, which have hindered its ability to operate at full potential. This has led to a drop in sales.
- Operates with a valid importing license and registration certificate from the local government, ensuring compliance and reliability.
- Positioned to capitalize on the growing tourism sector in Malé, with potential for expansion in both product offerings and client base.
- Extensive client portfolio includes 3-5 star hotel chains, 34 resort clients, and 74 shops and supermarkets, ensuring strong B2B relationships.
- Diverse product offerings include imported canned foods, juices, and spices catering to a variety of culinary needs.
- Strategic sourcing from reliable suppliers in India, Malaysia, and Dubai to ensure high-quality products.
- The business is facing financial constraints, which have hindered its ability to operate at full potential. This has led to a drop in sales.
- Operates with a valid importing license and registration certificate from the local government, ensuring compliance and reliability.
- Positioned to capitalize on the growing tourism sector in Malé, with potential for expansion in both product offerings and client base.
Products & Services Overview
- We sell imported canned foods, juices, and spices.- We cater directly to business owners.
- Our major customers are restaurant owners.
- We also operate our own retail unit.
Assets Overview
- The business possesses a van, computers, air conditioning units, deep freezers, furniture, and inventory worth MVR 3.5 million.- The recently bought goods inventory is valued at approximately MVR 1 million.
Facilities Overview
The business operates three rented premises:1. A 1,400 square-foot warehouse.
2. A 400 square-foot office.
3. Staff accommodation.
The business pays MVR 125,000 per month in rent for these locations, which are leased under 5-year contracts.
Capitalization Overview
The business is self-funded by two equal shareholders. There are no loans, and the business is debt-free.
Recent Activity
-
Earlier than 15 daysIndividual Advisor, Chennai, Financial Consultant connected with the Business
-
Earlier than 15 daysPrincipal Consultant ( Business Broker), Singapore, Financial Consultant connected with the Business
-
Earlier than 15 daysBusiness Development Head, Esquire Financing Inc, Manila, Financial Institution connected with the Business
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