Seafood Processing Company Seeking Loan in Gela, Italy
First crustacean and lobster farm in Europe looking for an equity investor.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Seafood Processing |
| Locations | Gela |
| Local Time | 11:29 PM Europe / Rome |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
550 thousand
for
10.0%
annual interest,
7
years
(Native Currency: EUR 480,000)
Reason: Completion and construction of the first shrimp and lobster plant in Europe.
Collateral Available: USD 2.3 million
Includes physical assets worth
USD
2.3 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Plan
(735.7 KB)
Business Registration
(54.7 KB)
Business Overview
- The farm is in the final phase of construction, we have completed 80% of the construction, and the last 20% remains to be completed.
- The plant will use a new technology for the recirculation of water which will feed another algae farm for nutrition for a biological cycle.
- We think we will go into production in the first months of next year. Will generate revenue post 3 months into production.
- Business was registered 7 years ago but we are yet to generate revnue.
- The plant will use a new technology for the recirculation of water which will feed another algae farm for nutrition for a biological cycle.
- We think we will go into production in the first months of next year. Will generate revenue post 3 months into production.
- Business was registered 7 years ago but we are yet to generate revnue.
Products & Services Overview
Looking to process Shrimp (vannamei and black tiger).
Assets Overview
Tangible assets include installations like breeding tanks, fattening tanks, and other technological equipment.
Facilities Overview
We have an area granted under concession by the largest Italian public company. The concession is for 40 years. the area is 50,000 m2 of which 1,500 m2 is shed.
Capitalization Overview
- The activity is financed 50% by European funding and the remaining 50% by the owner.- Company has 1 owner.
Recent Activity
-
Earlier than 15 daysCo-Founder, Advertising And Technology, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, HR Services, Hanover, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, London, M&A Advisor connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
4 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,500+ other businesses of all sizes.
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.
You might also be interested in these businesses