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Pharmacy Seeking Loan in Malé, Maldives

Pharmacy in Malé with steady footfall and diversified distribution network looking for a loan.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 145 thousand
Run Rate Sales USD 156 thousand
EBITDA Margin 40 %
Industries Pharmacies
Locations  Malé
Local Time 1:53 PM Indian / Maldives
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 500 thousand for 10.0% annual interest, 6 years (Native Currency: USD 500,000)
Reason: The owner wants to use some part of the loan to clear existing debts and use the rest to fund its st... View More
Collateral Available: USD 500 thousand
Includes physical assets worth USD 80 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- The business operates in the pharmacy industry in Malé, catering to mid to high-end customers.
- Top-selling products include skin care products, cosmetics, perfume, and over-the-counter medicines.
- With a daily footfall of approximately 20-35 customers, the business experiences steady consumer traffic.
- Our business currently engages with 5-6 local distributors in the region.
- Despite being a relatively small operation, the business is managed by an owner with 4 years of experience in the pharmacy industry and over 20 years of experience across various industries.
- The business has a lean workforce, with only 2 employees handling its operations, contract workers are hired as well. We have all the required certifications to run with.
Products & Services Overview
Top selling products:
- Skin care products.
- Cosmetics.
- Perfume.
- OTC medicines.
Assets Overview
Tangible assets:
- Interior work of the pharmacy.
- Racks.
- Computers and laptops.
Facilities Overview
Operating from a leased facility of about 800 square feet around Reethigas Hingun in Mahe.
Capitalization Overview
There are two owners on the business and there are some loans on the business at this point in time.
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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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