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Seafood Processing Business Seeking Loan in Veraval, India

Seafood exporter with a yearly production of 2,500 MT and export operations to 5 countries.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 2 - 3 million
Run Rate Sales USD 3 million
EBITDA Margin 10 - 20 %
Industries Seafood Processing + 1 more
Locations  Veraval
Local Time 3:53 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1.2 million for 18.0% annual interest, 3 years (Native Currency: INR 100,000,000)
Reason: - The funds will be used as working capital to purchase more inventory and increase turnover. A mino... View More
Collateral Available: USD 70 thousand
Includes physical assets worth USD 90 thousand
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Business Overview

- Export of frozen seafood to China, Vietnam, Malaysia, Thailand, and Bangladesh.

- Have exported over 300 containers so far.

- Export around 2,500MT of seafood each year.

- We export roughly 7-8 MT of fish each day.

- The produce is bought locally and we get orders from 15-20 agents.

- Have rented a factory for fish processing that has a capacity to sort and package 22 MT of fish every day.

- Have also trade financed the export operations of other exporters for a commission.

- Have completed around INR 40 lakh of trade financing deals so far.

- Revenue from trade financing is not significant at this point.

- Physical assets include inventory.

Products & Services Overview

Frozen seafood processing and export, trade financing.

Assets Overview

Physical assets include inventory and stock.

Intangible assets include goodwill.

Facilities Overview

Leased 2,000 sq. m. factory space in the GIDC. The factory is leased for a period of 2 years and is equipped with a cold storage facility and office space.

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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