Automotive Accessories Company Seeking Loan in Gampaha, Sri Lanka
Distributor of three-wheeler spare parts in Gampaha, Sri Lanka, seeking a business loan for expansion.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 700 - 800 thousand |
| Run Rate Sales | USD 1 million |
| EBITDA Margin | 20 - 30 % |
| Industries | Automotive Accessories |
| Locations | Gampaha |
| Local Time | 4:46 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
1.5 million
for
14.0%
annual interest,
4
years
(Native Currency: LKR 500,000,000)
Reason: The loan will be utilized to strengthen marketing initiatives, expand the sales team, and meet the c...
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Collateral Available: USD 0
Includes physical assets worth
USD
510 thousand
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Business Overview
- Private limited company engaged in importing and distributing three-wheeler spare parts across Sri Lanka.
- Sources products from established suppliers in Ahmedabad, Chennai, Aurangabad, and Madurai, India.
- Serves a network of more than 500 customers, including automotive spare parts dealers and retailers throughout Sri Lanka.
- Operates from a 6,000 sq. ft. rented warehouse and distribution facility in Gampaha, supporting inventory storage and order fulfillment.
- Business is managed by a sole owner and supported by a team of 14 employees.
- The business generates high revenue with a lean team by operating primarily as an importer and distributor, with sales made in bulk to a network of over 500 dealers while logistics and transportation are largely outsourced.
- Sources products from established suppliers in Ahmedabad, Chennai, Aurangabad, and Madurai, India.
- Serves a network of more than 500 customers, including automotive spare parts dealers and retailers throughout Sri Lanka.
- Operates from a 6,000 sq. ft. rented warehouse and distribution facility in Gampaha, supporting inventory storage and order fulfillment.
- Business is managed by a sole owner and supported by a team of 14 employees.
- The business generates high revenue with a lean team by operating primarily as an importer and distributor, with sales made in bulk to a network of over 500 dealers while logistics and transportation are largely outsourced.
Products & Services Overview
Products/Services: Imported three-wheeler spare parts.Clientele: Automotive spare parts wholesalers, retailers, and dealers across Sri Lanka, with a customer base of over 500 businesses.
Assets Overview
Tangible assets include inventory, tools, equipment, furniture and fixture.Intangible assets include incorporation certificate.
Facilities Overview
The business operates from a 6,000 sq. ft. rented facility with a monthly rental expense of LKR 400,000.
Capitalization Overview
The business is wholly owned by a single proprietor. It has an outstanding bank loan of approximately LKR 10 million, while the remaining capital has been funded by the owner.
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