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Seafood Processing Company Seeking Loan in Banyuwangi, Indonesia

Sea ​​fish processing and export business with a 3,000 sqm rented processing plant.
This transaction has concluded.

Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 5.3 million
Run Rate Sales USD 4 million
EBITDA Margin 15 %
Industries Seafood Processing + 1 more
Locations  Banyuwangi
Local Time 11:06 AM Asia / Pontianak
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 400 thousand for 10.0% annual interest, 1 year (Native Currency: IDR 6,500,000,000)
Reason: For export financing because our buyers use the LC payment method, TT against copy documents. We als... View More
Collateral Available: USD 150 thousand
Includes physical assets worth USD 240 thousand
Interested to connect with advisors
Documents
Business Overview

- ​​Fish processing and export business in Banyuwangi, Indonesia that has been operational for 12 years.

- We process, freeze and sell different types of fish packed in 10kg cartons.

- Quality standards are always given priority because we have buyers from 6 countries and the number of buyers increases every month.

- We export our products to buyers in the US, Vietnam, Thailand, China, Korea, Japan.

- Our factory has received several awards for processing and cleanliness.

- On average we export 4 containers a week and each container's capacity is 27 metric tons.

- Our storerooms have the capacity to store 750 tons of processed fish.

- Have another corporation under a different company for shipping to deliver our products around the world.

- Our sales fluctuate depending on the demand and export quantity, as a result, our recent sales are low. But we see it increasing in the coming months.

- Physical assets include commercial freezers, processing equipment and machinery.

Products & Services Overview

We process, freeze and sell Indian mackerel, squid, mackerel scad, skipjack tuna, bonito, round scad, ribbonfish packed in 10kg cartons to wholesale buyers.

Facilities Overview

Operates from a rented space of ​3,000 m2 which includes a two-story office, production place, processing site, freezing rooms with a capacity of 7 tons per room, 2 storerooms with a capacity of 750 tons.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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