Seafood Processing Company Investment Opportunity in Male, Maldives
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 |
- 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.
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.
Intangible assets-: The recognition of the brand locally and internationally.
All debts are personal debts.
The company is a single family owned company.
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Earlier than 15 daysMD, Kochi, Financial Consultant connected with the Business