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Agriculture Wholesale Company Seeking Loan in Batticaloa, Sri Lanka

Agricultural venture: Dedicated team growing 57 metric tons of bananas, seeking business loan for improvement.

Established 5-10 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 2 thousand
Run Rate Sales USD 2 thousand
EBITDA Margin 10 - 20 %
Industries Agriculture Wholesale
Locations  Batticaloa
Local Time 7:53 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 1 thousand for 12.0% annual interest, 5 years (Native Currency: LKR 300,000)
Reason: The loan is sought to improve water access to the land. The assets owned by the business exceed the... View More
Collateral Available: USD 0
Includes physical assets worth USD 6.6 thousand
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Business Overview
- Located in Batticaloa, this small business specializes in agricultural wholesale, focusing primarily on banana production.
- It operates on 1.5 hectares of owned land dedicated to cultivating high-quality bananas, with a production capacity of approximately 57 metric tons per year, efficiently meeting local demand.
- The business is managed by a small, dedicated team of three personnel, ensuring hands-on cultivation and quality control.
- Its products are sold directly in local markets and to wholesalers for distribution, leveraging both retail and wholesale channels to maximize revenue.
- Target customers include local consumers and bulk buyers, expanding market reach.
- The business operates with a valid registration certificate.
Products & Services Overview
The business’s top-selling product is bananas, grown on its 1.5 hectares of land. Local consumers purchase the bananas for household consumption, while wholesalers buy in bulk for resale in markets. The produce is distributed through direct sales in local markets and wholesale channels, ensuring steady demand and consistent revenue.
Assets Overview
Tangible assets include:
- Land.
- Equipment.
- Vehicle.
Facilities Overview
The business operates from an owned land.
Capitalization Overview
- 2 shareholders.
- No loans or debts.
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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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