Apparel Wholesale Company Seeking Loan in Colombo, Sri Lanka
Apparel store with online and B2B customers seeking a business loan for expansion.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 24 thousand |
| Run Rate Sales | USD 27 thousand |
| EBITDA Margin | 30 % |
| Industries | Apparel Wholesale + 1 more |
| Locations | Colombo |
| Local Time | 3:49 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
86 thousand
for
13.0%
annual interest,
5
years
(Native Currency: LKR 25,000,000)
Reason: Need funds for business expansion by setting up a factory and opening a retail store.
Collateral Available: USD 0
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- We are a men's and women's apparel store.
- We sell our products through our website and through other retail stores.
- Receive 25-50 orders weekly from our online store and the retail orders depend on the sales they have made.
- We generate equal revenue from both verticals.
- Have 5+ apparel stores that sell our products.
- The products are designed in-house and the fabric is cut by our team while the stitching is done by a third party.
- Have around 10 designers working with us for the past 4 years and our services are recognized for quality finished products.
- We need more employees as we design and cut the fabric on our own.
- Promoter has 10+ years of experience in the industry.
- The business has a registration certificate.
- We sell our products through our website and through other retail stores.
- Receive 25-50 orders weekly from our online store and the retail orders depend on the sales they have made.
- We generate equal revenue from both verticals.
- Have 5+ apparel stores that sell our products.
- The products are designed in-house and the fabric is cut by our team while the stitching is done by a third party.
- Have around 10 designers working with us for the past 4 years and our services are recognized for quality finished products.
- We need more employees as we design and cut the fabric on our own.
- Promoter has 10+ years of experience in the industry.
- The business has a registration certificate.
Products & Services Overview
We design and sell men's and women's apparel through online and B2B models.
Assets Overview
There are no assets in the business.
Facilities Overview
We operate the business from a home-based office post-Covid. But planning to take the next step in starting a factory again and to open a retail outlet for the mid-high-end clients.
Capitalization Overview
- There are two partners in the business.- The partners have equal shareholding.
- Business has a debt of LKR 6 million.
Recent Activity
-
Earlier than 15 daysGeneral Manager, Clothing, Colombo, Individual Investor / Buyer connected with the Business
Tags:
Apparel Wholesale Company Seeking Loan in Colombo, Sri Lanka
·Lend to Apparel Wholesale Company in Colombo, Sri Lanka
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·Lend to Ecommerce Website in Colombo, Sri Lanka
·Apparel Wholesale Company Seeking Loan
·Lend to Apparel Wholesale Company
·Ecommerce Website Seeking Loan
·Lend to Ecommerce Website
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