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    Import / Export Business Seeking Loan in Nellore, India

    Aquaculture produce trading business, purchasing from 20 agents and selling it to 15 exporters.
    This transaction has concluded.
    This Business is on a Premium Plan
    Established 5-10 year(s)
    Employees 2 - 5
    Legal Entity General Partnership
    Reported Sales USD 9 million
    Run Rate Sales USD 17 million
    EBITDA Margin 2 %
    Industries Fishing + 1 more
    Locations  Nellore
    Local Time 2:58 PM Asia / Kolkata
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.6 / 10
    Compare with industry
    Seeking Loan
    USD 1.2 million for 13.0% annual interest, 8 years (Native Currency: INR 100,000,000)
    Reason: Seeking unsecured business loan for working capital and to pay off current loans.
    Collateral Available: USD 0
    Includes physical assets worth USD 85 thousand
    Interested to connect with advisors
    Business Overview

    - Aquaculture produce trading company that focuses on shrimp based in Nellore inviting lenders for an business loan without property collateral.

    - Shrimp are purchased from 20 agents in Andhra Pradesh, Chennai and Orissa. We sell the shrimp to exporters and currently sell to 15 such companies.

    - The firm is asset light and does not maintain any storage. The shrimps are purchased, packaged and transported on the same day removing the need for storage.

    - Revenue has increased this year as we took a loan which helped us purchase larger quantities and sell more.

    - Promoters of the firm have significant background in the shrimping industry with experience in operating hatcheries on a lease basis as well as family businesses in the industry.

    Products & Services Overview

    Trading of shrimp, trading of processed shrimp.

    Facilities Overview

    We have a rented office in Nellore.

    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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
    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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