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Newly Established Book Printing Business Seeking Loan in Havana, Cuba

Startup dedicated to industrial printing, graphic production, marketing of technological equipment and transport, seeks funding.

Established 0-1 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Book Printing
Locations  Havana
Local Time 12:22 AM America / Havana
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 150 thousand for 3.5% annual interest, 6 years (Native Currency: USD 150,000)
Reason: Seeking an investment of USD 150k, out of which USD 100k will be utilised in the purchase of printin... View More
Collateral Available: USD 0
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Startup based in Havana, currently in pre-revenue stage will operate as a printing press for a Christian organization in Cuba.
- The company has seen an unexpectedly high demand due to restrictions on importing literature to the island, leading to interest from Christian publishers abroad for potential contracts.
- Company has identified a qualified group in Cuba, PMS, with over 30 years of experience in purchasing and assembling printing machines. They have been approved by a German company for this purpose.
- Investment in purchasing the necessary printing machines would involve sending funds to the German company, as only machines can be imported into Cuba.
- Raw materials for the printing process would also be sourced from abroad, with the company having all the necessary government permits to operate freely and import materials.
- The company has obtained approval for industrial printing as its main economic activity, and there are 6 machine operators already undergoing training in preparation for the company's launch.
Products & Services Overview
Services:
- Industrial printing: The core service is industrial-scale printing, primarily focused on producing Christian literature and other printed materials for organizations and publishers.
- Graphic production: Offering design and graphic production services, including layout, typesetting, and pre-press work.
- Marketing of technological equipment: Selling and marketing printing-related technological equipment.
Target Clients:
- Christian organizations in Cuba.
- Christian publishers abroad.
- Local businesses and institutions.
Assets Overview
The business doesn't have any physical assets of significant value.
Facilities Overview
No dedicated facility, operating from residential premises.
Capitalization Overview
Self-funded.
No outstanding loans.
There is 1 owner, holding 100% shares in the business.
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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.
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