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Profitable Seafood Processing Business Seeking Loan in Medan, Indonesia

Freshwater lobster cultivation business, focusing on breeding & rearing seeks a loan.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 4.6 thousand
Run Rate Sales USD 3.7 thousand
EBITDA Margin 40 %
Industries Seafood Processing
Locations  Medan
Local Time 10:16 AM Asia / Pontianak
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 18 thousand for 9.0% annual interest, 5 years (Native Currency: IDR 300,000,000)
Reason: We currently need funds to reorganize business operations, and to increase to a larger scale in our ... View More
Collateral Available: USD 18 thousand
Includes physical assets worth USD 18 thousand
Interested to connect with advisors
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Business Overview

- Currently, the company has 13 partners spread across various cities in Medan. These partners are focused on producing seeds in large quantities and consistently.

- The development that we want to carry out is in the expanding area for growing and storing seeds from partners.

- The processing capacity of the unit is 20-30 kgs monthly.

- We are currently running the business at a micro-scale. Hence, the revenue has decreased.

- We do not store the lobsters but the consumers come and pick it up by themselves.

Products & Services Overview

The product produced is the harvest of freshwater lobsters of a certain size.

Assets Overview

The tangible assets owned are pool equipment.

The intangible assets owned are data, connections, and promotional networks.

Facilities Overview

The own processing unit is on a 25 sqm area. it is located in the north of the city. This asset is not part of the transaction.

Capitalization Overview

- Company has 2 shareholders.

- Business has no debts or liabilities.

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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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