Seafood Processing Company Seeking Loan in Male, Maldives
Seafood processing company with a capacity of 5 tons/month seeks funds for working capital.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.3 million |
| Run Rate Sales | USD 1.8 million |
| EBITDA Margin | 15 % |
| Industries | Seafood Processing |
| Locations | Male |
| Local Time | 8:41 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
100 thousand
for
12.0%
annual interest,
2
years
(Native Currency: USD 100,000)
Reason: We need funds to meet our working capital requirements. Currently, we're using internal resources to...
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Collateral Available: USD 0
Includes physical assets worth
USD
40 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Specializing in dried sea cucumber, big tuna, and dried fish seafood, the company excels in seafood processing.
- Focused on B2B transactions, the business caters to distributors, exporters, and clients.
- The seafood processing unit boasts a capacity of 5 tons per month, with current output at 2 tons per month.
- With 15 years of industry experience as the promoter, the company ensures expertise in its operations.
- Essential licenses include business registration, export licenses, and health licenses that have been procured.
- Contract workers are employed to meet production needs effectively.
- Promoters manage operations from Colombo, while site operations are overseen by family members residing in Male.
- We buy the sea cucumber and fish directly from 100+ fishermen.
- Focused on B2B transactions, the business caters to distributors, exporters, and clients.
- The seafood processing unit boasts a capacity of 5 tons per month, with current output at 2 tons per month.
- With 15 years of industry experience as the promoter, the company ensures expertise in its operations.
- Essential licenses include business registration, export licenses, and health licenses that have been procured.
- Contract workers are employed to meet production needs effectively.
- Promoters manage operations from Colombo, while site operations are overseen by family members residing in Male.
- We buy the sea cucumber and fish directly from 100+ fishermen.
Products & Services Overview
Sell dried sea cucumber, big tuna, and dried fish seafood.Dried sea cucumber is our bestselling product.
B2B transactions with distributors.
Assets Overview
Assets include:Equipment worth USD 30k and furniture, fixtures worth USD 10k.
Facilities Overview
Sq ft area of the office in Male, Maldives is 5,000.Rent per month is USD 1,000/month.
Capitalization Overview
Shareholders are 2.49-51 split among shareholders.
Family owned business.
Outstanding USD 120k.
Recent Activity
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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