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Profitable Marine Logistics Business Seeking Loan in Visakhapatnam, India

Company operates barge chartering used in dredging operations at Ports.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 370 thousand
Run Rate Sales USD 330 thousand
EBITDA Margin 30 %
Industries Marine Logistics
Locations  Visakhapatnam
Local Time 7:11 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 800 thousand for 12.0% annual interest, 5 years (Native Currency: INR 70,000,000)
Reason: For expansion of business.
Collateral Available: USD 1.2 million
Includes physical assets worth USD 1.2 million
Interested to connect with advisors
Documents
GST Certificate
Business Overview

- Business based in Visakhapatanam operating since 2014.

- We charter barges to the dredging industry and presently serving an Italian company for the past three years.

- They pay us around INR 70,000 every day.

Products & Services Overview

Barge chartering for dredging operations for 3 years.

Facilities Overview

1250 cubic meters self-propelled split hopper barge.

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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