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Seafood Processing Company Seeking Loan in Surabaya, Indonesia

Seafood freezing business in Surabaya, working with 300 traditional fishermen, exporting to China and others.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 19 million
Run Rate Sales USD 22 million
EBITDA Margin 15 %
Industries Seafood Processing + 1 more
Locations  Surabaya
Local Time 9:42 AM Asia / Jakarta
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 6.1 million for 9.0% annual interest, 3 years (Native Currency: IDR 100,000,000,000)
Reason: We require this loan to help facilitate our expansion plans for the business. The loan amount will b... View More
Collateral Available: USD 0
Includes physical assets worth USD 7.3 million
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Business Overview
- The company is located in Surabaya, Indonesia, a maritime country abundant in marine products.
- It has 45 employees and works in collaboration with 300 traditional fishermen to ensure a consistent and high-quality supply of raw materials.
- The company is a major player in the seafood industry, holding a share of the Asian export market.
- Its products include frozen fish, shrimp, squid, and octopus, catering to the Chinese, Korean, Japanese, and American markets.
- The company serves 15 customers, with a growing demand each year, especially from China due to the increasing food needs in the region.
- The company has received a revolution award from the government for its business model, which focuses on improving the standard of living for traditional fishermen.
- The majority of the company's income is generated from exporting its products, with China being the primary market.
- The company has been successful in increasing its market share and customer base due to the quality and volume of its marine products.
- With the increasing demand for seafood in Asian markets, especially China, the company is well-positioned to capitalize on this growing market trend.
- Our business also has all the required export licenses and certificates to function.
Products & Services Overview
Our products include the export of frozen fish, frozen shrimp, frozen squid, frozen octopus, mostly for the Chinese, Korean, Japanese and American markets.
Assets Overview
Tangible assets include-: Factories, warehouse and other equipment used in the day to day operations of the business.
Facilities Overview
Owned factory and warehouse is about 25,000 square meters and is located in Surabaya.
Capitalization Overview
The business is owned by two people at the moment. There are some loans on the business at the moment.
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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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