8.6 / 10
 Colombo

Apparel store with online and B2B customers seeking a business loan for expansion.

Key Business Facts
Yearly Sales USD 26 thousand
EBIDTA Margin 30 %
Industries Apparel Wholesale
Locations  Colombo
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.
Products & Services Overview
We design and sell men's and women's apparel through online and B2B models.
Capitalization Overview
- There are two partners in the business. - The partners have equal shareholding. - Business has a debt of LKR 6 million.
Assets Overview
There are no assets in the business.
Seeking Loan
USD 80 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
In talks with 1 Investor
Contact Business