Bathroom Fixtures Company Seeking Loan in Nugegoda, Sri Lanka
Seeking Business Loan: Company sells a broad range of bathroom fixtures of premium-economy brands.
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 266 thousand |
| Run Rate Sales | USD 320 thousand |
| EBITDA Margin | 15 % |
| Industries | Bathroom Fixtures |
| Locations | Nugegoda |
| Local Time | 10:14 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
50 thousand
for
9.0%
annual interest,
5
years
(Native Currency: LKR 15,000,000)
Reason: The proceeds from the business loan will be used for:
- Funding working capital requirements.
- St...
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Collateral Available: USD 0
Includes physical assets worth
USD
50 thousand
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Business Overview
- Our company sells high-quality & multi-branded bathroom fixtures to our customers.
- We do not manufacture any products & none of them is sold under our brand name. We have a network of suppliers from whom we purchase these products of different brands and further sell them to our customers by adding a margin.
- We generate revenue by selling the products at our two showrooms. This is the only channel of revenue for our company. One store receives about 20 to 25 walk-ins daily and the other receives about 30 to 35 daily walk-ins.
- Our customers are either independent homeowners or contractors and builders.
- The proceeds from the business loan along with a portion of the company's profits will be used to fund our expansion plans.
- Our business is entirely debt-free with no outstanding business loans, overdue, or defaults.
- The company has 4 directors. Two directors own the majority 70 percent of the business. The other two directors own the remaining 30 percent. There are no outside investors or shareholders.
- We do not manufacture any products & none of them is sold under our brand name. We have a network of suppliers from whom we purchase these products of different brands and further sell them to our customers by adding a margin.
- We generate revenue by selling the products at our two showrooms. This is the only channel of revenue for our company. One store receives about 20 to 25 walk-ins daily and the other receives about 30 to 35 daily walk-ins.
- Our customers are either independent homeowners or contractors and builders.
- The proceeds from the business loan along with a portion of the company's profits will be used to fund our expansion plans.
- Our business is entirely debt-free with no outstanding business loans, overdue, or defaults.
- The company has 4 directors. Two directors own the majority 70 percent of the business. The other two directors own the remaining 30 percent. There are no outside investors or shareholders.
Products & Services Overview
Our company sells a broad range of bathroom fixtures such as:- Geysers.
- Wash-basins.
- Shower cubicles.
- Show heads (prefab & tailor-made).
- Pressure pumps.
- Bathroom tiles.
- Commode.
- Bathroom mirrors & cabinets.
- Taps of multiple sizes, and many more.
Assets Overview
Physical assets include:- Inventory of all the products in the two retail locations & warehouse.
- Interior fittings & furniture of the two stores.
- Computers, printers, CCTV cameras, and other tech hardware.
Facilities Overview
- The business runs operations from two rented facilities having an area of 1,000 sq. ft. and 800 sq. ft. respectively.- The facilities are essentially used as retail locations where we sell our products. The directors along with the sales & accounts departments sit at the two stores only.
- The company has another rented premises spread across 1,500 sq. ft. which is used as a warehouse. All three facilities are located in Nugegoda, Sri Lanka.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysHead, Construction, Doha, Individual Investor / Buyer connected with the Business
Tags:
Bathroom Fixtures Company Seeking Loan in Nugegoda, Sri Lanka
·Sanitaryware Company Seeking Loan in Nugegoda, Sri Lanka
·Lend to Bathroom Fixtures Company in Nugegoda, Sri Lanka
·Lend to Sanitaryware Company in Nugegoda, Sri Lanka
·Bathroom Fixtures Company Seeking Loan
·Sanitaryware Company Seeking Loan
·Lend to Bathroom Fixtures Company
·Lend to Sanitaryware Company
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