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 430 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Seafood Processing |
| Locations | Thoothukudi |
| Local Time | 7:00 AM Asia / Kolkata |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
178 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
142 thousand
Interested to connect with advisors
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.
- 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.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysPartner, Pharmaceuticals, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysManaging Director, Engineering And Fabrication, Chennai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Cryptocurrency, Moscow, Individual Investor / Buyer connected with the Business
Tags:
Profitable Seafood Processing Business Investment Opportunity in Thoothukudi, India
·Invest in Profitable Seafood Processing Business in Thoothukudi, India
·Profitable Seafood Processing Business Investment Opportunity
·Invest in Profitable Seafood Processing Business
·Investment Opportunity in Thoothukudi, India
·Invest in Thoothukudi, India
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
9 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 114,500+ 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