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Spices Company Seeking Loan in Malé, Maldives

Sweet supari manufacturing factory with a monthly production capacity of 35+ tons.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 540 thousand
EBITDA Margin 20 - 30 %
Industries Spices
Locations  Malé
Local Time 4:36 PM Indian / Maldives
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 130 thousand for 12.0% annual interest, 8 years (Native Currency: MVR 2,000,000)
Reason: To expand and be on top in the construction industry. We require immediate funds for working capital... View More
Collateral Available: USD 0
Includes physical assets worth USD 100 thousand
Interested to connect with advisors
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Business Overview

We have already set up the factory in the country and we are looking to expand this business countrywide and worldwide.

The business started its operations in the current year.

Our monthly manufacturing capacity is 35-40 tons.

We have 800-1,000 retail and wholesale customers.

Products & Services Overview

We manufacture sweet supari and supply to wholesalers & retail shops.

Assets Overview

Physical assets include machinery, factory setup, cookers, burners, and other equipment.

Facilities Overview

We have a rented facility with an area of 4,000 sq ft with 2 floors that is a boat ride away from Male.

Capitalization Overview

The business is funded by owners' capital. The business does not have any outstanding liabilities. The company has two partners with 80% and 20% stake.

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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