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Marine Logistics Company Investment Opportunity in Tarawa, Kiribati

Seeks investment to purchase a suitable cargo vessel.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 160 thousand
Run Rate Sales USD 160 thousand
EBITDA Margin 5 %
Industries Marine Logistics
Locations  Tarawa
Local Time 8:45 AM Pacific / Kiritimati
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 300 thousand for 3.0% stake (Native Currency: AUD 480,000)
Reason: A) 150,000 AUD required to fund the purchase of the suitable vessel. B) 10,000 AUD required to purc... View More
Includes physical assets worth USD 100 thousand
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Business Overview

- In order to commence the shipping business, we need to purchase a suitable cargo ship of less than 40 meters of length and 100 ton of cargo load capacity.

- Products of a supply chain include general cargo commodities like grain, fuel hardware, timbers, cement.

- The business has more than 20 customers using our reliable and efficient services.

- We ship our clients' goods to different stores on specific islands depending on their respective orders.

- We offer a highly competitive freight charge to our clients.

- The promoter of the business has spent several years in the industry.

Products & Services Overview

-Supply chain logistics.

-Customs brokerage.

-Delivery on demand (DoD) deliveries & land door to door.

-Freight forwarder.

Assets Overview

-Vessel and vehicles,

-Office and furniture.

-Computers.

Facilities Overview

Currently, we operate on a rented space. However, some portion of the investment will be used to build our own factory.

Capitalization Overview
Not Disclosed
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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