Meat Shop Seeking Loan in Malé, Maldives

Business that supplies meat and freshwater fishes to over 35 customers in Maldives, seeks loan.

Established	1-5 year(s)
Employees	5 - 10
Legal Entity	Private Limited Company
Reported Sales	USD 300 - 400 thousand
Run Rate Sales	USD 430 thousand
EBITDA Margin	10 - 20 %
Industries	Meat Shops
Locations	Malé
Local Time	10:39 PM Indian / Maldives
Listed By	Business Owner / Director
Status	Active

6.8 / 10

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Seeking Loan

USD 200 thousand for 12.0% annual interest, 5 years (Native Currency: MVR 3,000,000)

Reason: Funds are required to develop and increase the storage as we have high demand.

Collateral Available: USD 6.5 thousand

Includes physical assets worth USD 10 thousand

Interested to connect with advisors

Name, Phone, Email

Available after connect

Business Name

Available after connect

User Verification

Documents

GST Tax Registration (418.4 KB)

Activity Registration (309.7 KB)

Certificate of Registration (209.8 KB)

Business Overview

- Our business is engaged in the supplying of chicken, mutton, buffalo meat, beef and fresh water fishes to customers in Maldives.

- We import the meat from suppliers in Pakistan and Bangladesh.

- Currently, we deliver the products to local hotels and shops. Have over 35 local customers in Maldives.

- Our business has high demand and we operate 30 days a month.

- Founder of the company has 8 years of industry experience.

Products & Services Overview

Chicken, mutton, buffalo, beef and fresh water fishes.

Assets Overview

Computer system, 4 deep freezers, and 2 motor bikes.

Facilities Overview

Rented cold room of 200 sq. ft. area and rented wholesale and retail shop of 400 sq. ft.

Capitalization Overview

- The company has no loans and is run by 2 directors, one holds 80% stake and the other holds 20% equity stake.

Recent Activity

Earlier than 15 days
MD, Kochi, Financial Consultant connected with the Business
Earlier than 15 days
GM, Food & Beverage, Jeddah, Corporate Investor / Buyer connected with the Business

Tags:

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Meat Shop Seeking Loan in Malé, Maldives

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