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Seafood Processing Company Seeking Loan in Ajman, United Arab Emirates

UAE-based fish processing and trading company with over a decade of experience seeks loan.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 3.3 million
Run Rate Sales USD 3.3 million
EBITDA Margin 20 %
Industries Frozen Food + 1 more
Locations  Ajman
Local Time 7:31 PM Asia / Dubai
Listed By Advisor / Business Broker
Status Active
Overall Rating
Seeking Loan
USD 540 thousand for 18.0% annual interest, 1 year (Native Currency: AED 2,000,000)
Reason: - Need funds to repay the existing bank loan. The company's bank loan was converted from a short-ter... View More
Collateral Available: USD 1.4 million
Includes physical assets worth USD 5.4 million
Name, Phone, Email
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Business Name
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Business Overview
Business Overview

- Fish processing company (flagship company) offers its customers the following:

A. Fresh fish.

B. Frozen fish.

C. All other seafood of the best quality.

- Company has fresh fish customers in UAE & Oman.

- The company exports to GCC countries all kinds of sea foods and exports extensively to Korea, Bangladesh, Vietnam, and Hong Kong.

- Generates 80% of sales through the export of the product and 20% of sales through local sales.

- Unit has a freezing capacity of 30 tonnes per day and a chiller capacity of 10 tonnes per day.

- Company has a cold storage capacity of 1,000 tonnes on whole.

- LLC company with a single owner.

- Has a long-term bank loan of AED 10 million.

Products & Services Overview

Fish processing, cold storage, and fish trading.

Assets Overview

Factory, office infrastructure, cold storage room, and plant machinery.

Facilities Overview

- The total land area of 37,000 square feet with constructed factory area of 20,000 square feet.

- Labour camp behind the factory can accommodate 120 labours.

- Land has been valued at AED 11 million and plant and machinery have been valued at AED 9 million.

Capitalization Overview
Not Disclosed
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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