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Flour Mill Equity Stake For Sale in Rambukkana, Sri Lanka

Sri Lanka-based cassava-products manufacturer, supplying major retailers, seeking investment to expand capacity and market reach.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 9 - 10 thousand
Run Rate Sales USD 15.5 thousand
EBITDA Margin 0 - 10 %
Industries Flour Mills
Locations  Mahiyanganaya + 1 more
Local Time 2:58 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 160 thousand for 15.0% stake (Native Currency: LKR 50,000,000)
Reason: We are seeking this investment to expand production capacity, enhance product quality, and scale the... View More
Includes physical assets worth USD 194 thousand
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Business Overview
• Cassava-based food products manufacturing business operating in Sri Lanka with a focus on value-added applications.
• Key products include food-grade cassava flour, cassava starch–based ingredients, and cassava inputs used in bubble tea preparation.
• Installed production capacity of approximately 300 kg per day, currently operating at 25%–30% utilisation.
• Supplies cassava flour to large retail chains such as Cargills and distributes products through around 40 retail outlets.
• Bubble tea ingredients are supplied to major buyers in Kandy City, and has approximately 40 regular customers.
• Sales growth is currently constrained due to limited marketing and outreach rather than demand or production constraints.
• Business is seeking investment to upgrade processing technology, improve quality consistency, and scale production volumes.
• Planned expansion aims to strengthen market presence, improve operational efficiency, and increase overall sales.
• Registered with an incorporation certificate, enabling structured manufacturing and expansion activities.
Products & Services Overview
Cassava flour and cassava-based ingredients supplied to retail chains, bubble tea outlets, and food service customers.
Assets Overview
Tangible assets:
- Factory and machinery valued at LKR 42 million.
- 16 acres of cultivation land valued at LKR 15 million.
- Office premises valued at LKR 3 million.
Facilities Overview
The company operates from two owned locations comprising an administrative office and a manufacturing facility.

- The administrative office is located in Rambukkana. The office is a single-floor facility used for management, sales coordination, documentation, and regulatory compliance activities.

- The manufacturing facility is located in Mahiyanganaya, in the Badulla District. The factory is a single-floor, purpose-adapted food processing facility with designated zones for raw material handling, processing, drying, packing, and cold storage. The layout follows food-grade operational practices with separation between raw and clean areas.
* Total land area - 0.75 acres.
* Built-up area - 4,000 sq. m.
- The company also owns 16 acres of cultivation land, 10 km away from the factory.

Both the office and factory premises are fully owned by the company, with no rental or lease obligations. The facilities support current production requirements and provide sufficient space for planned machinery upgrades and capacity expansion.
Capitalization Overview
The business is currently funded through the promoter’s equity and personal funding by the founder. Initial capital investments for land, buildings, machinery, and early operations were primarily financed by the promoter.

In addition, the promoter has utilised a personal loan to support working capital and early-stage business development. This loan is not secured against company assets. There are no institutional bank loans or third-party borrowings at the company level at present.

Ownership structure: Single-owner business. There are currently no external equity investors or strategic partners in the business.
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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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