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Yachts and Boats Company Seeking Loan in Chennai, India

Manufacturing of metal fishing boat equipped with fishing gears based out of Chennai.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Yachts and Boats + 1 more
Locations  Chennai
Local Time 11:35 AM Asia / Kolkata
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 36 thousand for 12.0% annual interest, 2 years (Native Currency: INR 3,000,000)
Reason: To start the boat manufacturing.
Collateral Available: USD 0
Includes physical assets worth USD 3.6 thousand
Interested to connect with advisors
Documents
Business Overview

- Manufacturers of boats exclusively for fishermen in Chennai.

- India is the 3rd largest in the production of sales when it comes to manual catching fish.

- We have a patent of a metal boat with fishing sensor, refrigerating, unit, and net rotator.

- Sonar sensor which would let fishermen know approximate number of fish present at a particular location.

- There would be a net rotator which would pull a net from the sea to on boat.

- The prototype of the boat is already ready & looking for funds to start the boat manufacturing process.

Products & Services Overview

Metal and fibreglass fishing boat manufacturers.

Facilities Overview

Its a startup based in chennai.

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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