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Seafood Processing Business Seeking Loan in Mumbai, India

Business with a diversified revenue stream seeks a business loan to increase trading volume.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 23 thousand
Run Rate Sales USD 24.6 thousand
EBITDA Margin 12 %
Industries Apparel Wholesale + 1 more
Locations  Mumbai
Local Time 9:58 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17.6 thousand for 10.0% annual interest, 5 years (Native Currency: INR 1,500,000)
Reason: We are seeking these funds to increase the volume of the business we do.
Collateral Available: USD 11.7 thousand
Includes physical assets worth USD 11.7 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
MSME Certificate
GST Certificate
Business Overview
- Business operating apparel wholesale and seafood trading industry.
- Specializes in the trading and wholesale of versatile men's jeans garments, making up 55% of total revenue, illustrating strong market demand and product popularity.
- Diversified portfolio includes seafood trading, contributing 45% of revenue, with primary client base comprising restaurants across Mumbai.
- Organizational structure is lean with one employee, enabling agile operations and low overheads, optimizing profit margins. Other workforce is hired only on a daily wage system.
- Men's jeans are resold to a sister concern, facilitating seamless inventory turnover and aligning with a focused internal distribution strategy.
- Strategic balance between garment wholesale and seafood trading ensures a diversified revenue stream, mitigating risks associated with single-sector dependency.
- The business has a GST and MSME certificate.
Products & Services Overview
We are involved in the trading and wholesale of men's jeans (garments), and seafood.
Our top selling product has been men's jeans and this contributed about 55% of our revenue while 45% came from the trading of seafood. The jeans are resold to our sister concern and the seafood is sold to restaurants in Mumbai.
Assets Overview
Tangible assets include the product stock and few office equipment.
Facilities Overview
We share our facility with that of a sister concern. The sister concern is owned and operated by the owner's father and they provide some space in their existing facility. The business's registered address is in Wadala.
Capitalization Overview
- 100% ownership of business with a single owner.
- No loans or debts in the name of the business.
Supplier credibility of product.
Recent Activity
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1 Investor contacted this Business this week. Register below to connect now!
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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