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Freight Forwarder Seeking Loan in Chennai, India

Freight forwarding company with IATA and MTO license providing import and export services to clients.
This transaction has concluded.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 540 thousand
EBITDA Margin 25 %
Industries Freight Forwarder
Locations  Chennai
Local Time 9:21 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 68 thousand for 25.0% annual interest, 2 years (Native Currency: INR 6,000,000)
Reason: Purchase an iron vessel for our breakbulk regular cargo.
Collateral Available: USD 0
Includes physical assets worth USD 13.6 thousand
Documents
Business Overview
- We are into freight forwarding business since 2013.
- Company offers freight forwarding services by road, sea and air.
- We mainly import from and export to countries in Europe, Africa and to the Middle East Countries.
- We have 80 regular clients.
- Company has IATA and MTO license issued by Government of India.
- Our office has a conference room and 13 workstations.
- Some of the products which we import and export for clients are automobile parts, leathers, furniture, granite, defense goods, garments, furniture, chemicals and embassy shipments.
- The business was not able to operate to its full potential due to the pandemic. The business has been doing much better.
- The investment is required to purchase an iron vessel.
Products & Services Overview
Export and import of goods by air, sea and road for clients.
Assets Overview
Working stations and furniture, delivery auto, and warehouse.
Facilities Overview
Rented 900 sqft office with a conference room and 13 workstations.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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