Sport Goods Business Seeking Loan in Male, Maldives
Established online fishing and marine equipment business seeking loan to expand and open shop.
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.3 thousand |
| Run Rate Sales | USD 7 thousand |
| EBITDA Margin | 20 % |
| Industries | Sport Goods |
| Locations | Male |
| Local Time | 8:56 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
52 thousand
for
12.0%
annual interest,
8
years
(Native Currency: MVR 800,000)
Reason: To expand the business.
Collateral Available: USD 160 thousand
Includes physical assets worth
USD
3.25 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Certificate of Registration
(1.2 MB)
Business Overview
• Established online business selling fishing and marine equipment based in Malé, Maldives.
• Products include sports fishing rods, reels, hooks, marine ceiling lights, underwater lights, and more.
• Currently receives 10-15 clients per day, and looks to expand with the help of loan investment.
• Outsources all products and has three employees including the owner and supervisors.
• Business is growing and is in need of investment to open a shop for increased profitability.
• Products include sports fishing rods, reels, hooks, marine ceiling lights, underwater lights, and more.
• Currently receives 10-15 clients per day, and looks to expand with the help of loan investment.
• Outsources all products and has three employees including the owner and supervisors.
• Business is growing and is in need of investment to open a shop for increased profitability.
Products & Services Overview
Sports fishing rods, reels, hooks, marine boat equipment like marine ceiling lights, and underwater lights for boats, and safaris.
Assets Overview
Tangible assets- Laptops, systems, printers, and office equipment.
Facilities Overview
Rented 500 sq feet office space for rent MVR 1,300 per month located in Male city, Hulhumale.
Capitalization Overview
The business is a sole proprietorship.Have no pending loans or any debts.
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