Petroleum Product Business Seeking Loan in Guraidhoo, Maldives
Looking to grow a 7-year-old oil business in Maldives with 3-4 regular buyers catering boats.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 390 thousand |
| EBITDA Margin | 20 % |
| Industries | Petroleum Product |
| Locations | Guraidhoo |
| Local Time | 12:08 AM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
130 thousand
for
1.8%
annual interest,
5
years
(Native Currency: MVR 2,000,000)
Reason: The owner is looking to expand and grow the business.
Collateral Available: USD 13 thousand
Includes physical assets worth
USD
13 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Activity Registration
(45.9 KB)
Business Overview
• Our company is based in the Maldives, and we are looking for an investment to assist us in developing further.
• The business currently distributes diesel & petrol, and services wholesale and retail customers.
• Our main clients are boats, safaris, barges, fish boats, landings, heavy vessels, and tugs.
• We have 7 years of experience in the industry and have a good customer base.
• This year due to a credit issue, a lot of sales stopped, certain clients had to be removed and projects had to be postponed; thus the sales have gone down.
• There are 3 to 4 regular buyers for the company's products and services and have a good customer base.
• The business currently distributes diesel & petrol, and services wholesale and retail customers.
• Our main clients are boats, safaris, barges, fish boats, landings, heavy vessels, and tugs.
• We have 7 years of experience in the industry and have a good customer base.
• This year due to a credit issue, a lot of sales stopped, certain clients had to be removed and projects had to be postponed; thus the sales have gone down.
• There are 3 to 4 regular buyers for the company's products and services and have a good customer base.
Products & Services Overview
Our top-selling products are petrol and diesel for boats, safaris, barges, fish boats, landings, heavy vessels, and tugs.
Assets Overview
Tangible assets include a vessel, a boat, and an office.
Facilities Overview
For the time being, we have a vessel and an office for rent at MVR 15,000, and we have been planning for the next stage in the business.
Capitalization Overview
The business is completely bootstrapped with no outstanding debts or loans. The has two partners with a 50% stake each.
Recent Activity
-
Earlier than 15 daysMD, Kochi, Financial Consultant connected with the Business
Tags:
Petroleum Product Business Seeking Loan in Guraidhoo, Maldives
·Lend to Petroleum Product Business in Guraidhoo, Maldives
·Oil Product Business Seeking Loan in Guraidhoo, Maldives
·Lend to Oil Product Business in Guraidhoo, Maldives
·Petroleum Product Business Seeking Loan
·Lend to Petroleum Product Business
·Oil Product Business Seeking Loan
·Lend to Oil Product Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Investor already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 124,000+ other businesses of all sizes.
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.
You might also be interested in these businesses