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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 6:39 PM Indian / Maldives
    Listed By Business Owner / Director
    Status Active
    Overall Rating
    6.8 / 10
    Compare with industry
    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
    Name, Phone, Email
    Available after connect
    Business Name
    Available after connect
    User Verification
    Documents
    Registration Certificate
    Registration Certificate (228.0 KB)
    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.

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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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