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Marine Logistics Business Seeking Loan in Yangon, Myanmar

Seeking Loan: Freight forwarding company, offering logistics solution to 12+ B2B clients.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 300 thousand
Run Rate Sales USD 300 thousand
EBITDA Margin 10 %
Industries Freight Forwarder + 1 more
Locations  Yangon
Local Time 12:46 AM Asia / Rangoon
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 80 thousand for 10.5% annual interest, 2 years (Native Currency: MMK 160,000,000)
Reason: Expand the business into other geographic regions.
Collateral Available: USD 150 thousand
Includes physical assets worth USD 10 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Freight forwarding and logistics company.

- 12 clients in total.

- Specialized in B2B operations, particularly in textile and seafood industries.

- Promoter has a total experience of 6+ years in the industry.

- Holds various licenses, including Import-export, MIFA, and other necessary permits.

- Expertise in sea and air freight, with a focus on sea freight.

- Utilizes agent outsourcing for transportation services.

- Engaged in import and export activities to and from the USA, EU, Middle East, and Asia, with a specific emphasis on Myanmar.

- Sales have decreased this year due to extreme inflation in Myanmar.

Products & Services Overview

Freight, custom clearance, transportation and marine logistics company serving B2B clients.

Assets Overview

Assets:

Office accessories, table, chairs and laptops.

Facilities Overview

Office located in a 650 sq ft area and in North of Yangon.

The rent per month is MMK 700k.

Capitalization Overview

3 partners.

No debts or loans.

55-40-5 % split.

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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