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Seafood Processing Businesses Seeking Loan in Gummidipundi

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Seafood Processing Business Seeking Loan in Gummidipundi, India

Business is engaged in exporting prawns to non-EU countries except USA, with 6 + clients.
- Export business selling prawns to non-EU countries. - We procure prawns from 3 major vendors. - Our processing capacity is 6 tonnes per shift. - Facility has a cold storage with a capacity of 200 tonnes. - We export to 6 clients. 2 of them are from UK, 2 from Japan, and 2 from Middle East. - Our assets include land, building, IQF & plate freezer, storage facility, license, client database, machinery, raw materials which are hard immovable assets hence exceed the business valuation. - The business has a term loan and a credit limit from the bank of INR 25 crore. - Company has 3 owners with equal ownership stake. - Business is registered in Kancheepuram but we operate from Gummidipundi.
Business is engaged in exporting prawns to non-EU countries except USA, with 6 + clients.
7.5   Gummidipundi
Run Rate Sales
USD 4.4 million
EBITDA Margin
8 %
Business Loan
USD 1 Mn at 12%
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