Marine Logistics Business Seeking Loan in Visakhapatnam, India

Company operates a barge chartering used in dredging operations at Ports and a restaurant business.
This Business is on a Premium Plan
Gst Certificate
Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 600 thousand
EBITDA Margin
20 - 30 %
Industries
Marine Logistics + 1 more
Local Time
4:03 AM Visakhapatnam
Listed By
Business Owner / Director
Status
Active
Overall Rating
Seeking Loan
USD 1.4 million for 10.0% annual interest, 10.0 years (Native Currency: INR 100,000,000)
Reason: For expansion of both the lines of business.
Collateral Available: USD 1.4 million
Includes physical assets worth USD 2.4 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview

- Business is into 2 different lines under the same entity.

- We charter barges to the dredging industry and presently serving to an Italian company since the past one year.

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

- Also, have a fine dining restaurant located in a prime location of Siripuram, Vishakhpatnam.

- Seating capacity of the restaurant is 120 pax.

- We serve both veg and non-veg multi cuisine.

- Have tie ups with food delivery business like Zomato and Swiggy.

- Footfall ranges from 160 - 180 per day.

- Looking to start one more barge chartering in Vishakhpatnam and a 2-star hotel in the state.

- Both businesses are generating good revenue. We are looking for funds for business expansion.

Products & Services Overview

- Barge chartering for dredging operations.

- Fine dining multi-cuisine restaurant.

Facilities Overview
Recent Activity
  • 2 weeks, 1 day ago
    GM, Andhra Pradesh, Financial Advisor accepted business proposal
  • 2 weeks, 1 day ago
    Manager, Colorado, Financial Advisor connected with this business
  • Earlier than 15 days
    Founder, Mumbai, Financial Advisor accepted business proposal
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Disclaimer: SMERGERS is a 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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