Seafood Processing Company Investment Opportunity in Male, Maldives
A locally recognized business leader in the seafood industry, working to expand into other industries.
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 3.25 million |
| Run Rate Sales | USD 3.1 million |
| EBITDA Margin | 11 % |
| Industries | Seafood Processing |
| Locations | Male |
| Local Time | 9:39 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
1.95 million
for
40.0%
stake
(Native Currency: MVR 30,000,000)
Reason: We are looking to expand our reach in the market.
Includes physical assets worth
USD
970 thousand
Interested to connect with advisors
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Business Overview
- The business is a recognized leader in the seafood industry in the Maldives, with a focus on wholesale exporting of sustainable seafood, particularly fresh yellow-fin tuna products, to international markets.
- The company operates its own processing and storing facility for seafood, as well as an inbuilt 50MT frozen storage, indicating a strong vertical integration in its operations.
- In addition to its seafood export operations, the business is currently expanding into the tourism industry, with a focus on transit stays within the capital of Malé, showcasing a diversified revenue stream.
- The company has a proven track record of exporting seafood to various regions, including Europe, USA, Japan, and the Middle East, indicating an established international market presence.
- Despite facing challenges due to the impact of COVID-19, which led to a significant drop in sales and the exhaustion of approximately 80% of its cash flow, the business is now in the process of rebuilding and is determined to recover from the setbacks.
- With a team of 20 employees, the business has demonstrated resilience and adaptability, positioning itself for growth and expansion within the agriculture wholesale and guest house industries in the Maldives.
- The company's strategic focus on sustainability and its ability to navigate international trade dynamics make it an attractive investment.
- The company operates its own processing and storing facility for seafood, as well as an inbuilt 50MT frozen storage, indicating a strong vertical integration in its operations.
- In addition to its seafood export operations, the business is currently expanding into the tourism industry, with a focus on transit stays within the capital of Malé, showcasing a diversified revenue stream.
- The company has a proven track record of exporting seafood to various regions, including Europe, USA, Japan, and the Middle East, indicating an established international market presence.
- Despite facing challenges due to the impact of COVID-19, which led to a significant drop in sales and the exhaustion of approximately 80% of its cash flow, the business is now in the process of rebuilding and is determined to recover from the setbacks.
- With a team of 20 employees, the business has demonstrated resilience and adaptability, positioning itself for growth and expansion within the agriculture wholesale and guest house industries in the Maldives.
- The company's strategic focus on sustainability and its ability to navigate international trade dynamics make it an attractive investment.
Products & Services Overview
Our largest operation is involved in internationally exporting sustainable seafood from the Maldives. Mainly fresh yellow-fin tuna products. We have our own processing and storing facility to process and store the seafood. We also can expand to exporting frozen products as we have an inbuilt 50MT frozen storage.We are also currently expanding into the tourism industry. Currently we operate transit stays within the capital of Maldives. We are very motivated to upscale the business locally.
Assets Overview
Tangible assets -: The floating seafood processing factory & other equipment.Intangible assets-: The recognition of the brand locally and internationally.
Facilities Overview
Our business owns a floating metal barge/boat about 180ft in length. We are the first to design a floating factory in the Maldives. Its the most convenient way to process and export seafood. A fee is paid to keep the floating factory on the lagoon.
Capitalization Overview
We have our own working capital of MYR 350,000 and a loan investment of MYR 400,000 in our Seafood Operation.All debts are personal debts.
The company is a single family owned company.
Recent Activity
-
Earlier than 15 daysMD, Kochi, Financial Consultant connected with the Business
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