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Seafood Processing Business Seeking Loan in Doha, Qatar

Seafood trading business catering to 100+ clients seeks a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 270 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 20 %
Industries Seafood Processing
Locations  Doha
Local Time 10:44 PM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 10.0% annual interest, 3 years (Native Currency: QAR 1,000,000)
Reason: Need funds for working capital.
Collateral Available: USD 270 thousand
Includes physical assets worth USD 27 thousand
Name, Phone, Email
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Business Name
Available after connect
User Verification
Documents
Business Overview

- We have vendors in Dubai, Oman, and Iran who supply the products to us.

- Net profit margin is QAR 1/kg.

- Currently supplying the products to 100+ clients. They are both wholesalers and retailers.

- Business going slow because of shortage of funds.

- Promoter has 11 years of experience in the industry.

Products & Services Overview

We are into importing local seafood (fish majorly).

Assets Overview

Tangible assets include only stock and office furniture.

Facilities Overview

Office is located in the south of the city on an 800 sqft area with a monthly rent of QAR 2,500.

Capitalization Overview

- Single owner.

- No loan under this business.

Recent Activity
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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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