Profitable Seafood Processing Business Investment Opportunity in Thoothukudi, India

Firm engaged in the processing, wholesale and export sale of dry fish.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 400 - 500 thousand
Run Rate Sales USD 500 thousand
EBITDA Margin 30 - 40 %
Industries Seafood Processing
Locations  Thoothukudi
Local Time 7:05 PM Chennai
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 200 thousand for 21.0% stake (Native Currency: INR 15,000,000)
Reason: The funds will be used as working capital to acquire more inventory and cater to demand.
Includes physical assets worth USD 160 thousand
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Business Overview

- Started in 2008 as a trader by buying from processing plants and selling to local retail customers.

- In 2011 we expanded to wholesale purchase and started selling to customers in other states.

- In 2014 we started our own processing unit and started supplying to exporters.

- Since 2020 we have started exporting to clients in Sri Lanka.

- Have recently secured interest from 2 large scale customers. They have approached us for our products and we require additional working capital to cater to their orders.

- Physical assets include land and processing equipment.

- Promoter has over 10 years of industry experience.

Products & Services Overview

We process and export the following types of dry fish - Masi (Tuna), Nethili, Koli, Sardine, Dry Prawns, Katta, and Sail.

Facilities Overview

1.2 acre of owned factory space used for processing.

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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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