Food Wholesale Business Seeking Loan in Panadura, Sri Lanka
Panadura-based importers and distributors of quality packaged foods serving 600+ clients, seeking funding for expansion.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 13.4 thousand |
| Run Rate Sales | USD 80 thousand |
| EBITDA Margin | 20 % |
| Industries | Food Wholesale + 1 more |
| Locations | Panadura |
| Local Time | 11:39 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
16.7 thousand
for
12.0%
annual interest,
3
years
(Native Currency: LKR 5,000,000)
Reason: Seeking funding to facilitate the import of a bulk sugar shipment for large-scale distribution.
The...
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Collateral Available: USD 0
Includes physical assets worth
USD
67 thousand
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Business Overview
- Based in Panadura, this business specializes in the import and distribution of packaged foods from India, focusing on the bustling local markets.
- The company has strategically sourced products from trusted traders and brand manufacturers in Pune and Nashik, ensuring a diverse and quality product range.
- With the lifting of India's sugar ban in January, there is a significant opportunity for sales growth, following a decline last year which was government policy-driven.
- The business boasts a robust distribution network through a local agency, reaching over 600 clients, including supermarkets and retail stores in the Panadura region.
- Certified by the SLS, PHI, and Health Ministry, this enterprise operates with the utmost attention to quality and regulatory standards, enhancing its credibility and market trust.
- Currently executing a large import order of 500 tons, a marked increase from their regular 50-ton imports, demonstrating significant business scaling and an urgent need for funding.
- With a supply frequency of 1-2 times per week, each delivery ranges between 3 tons to 5 tons, maintaining a consistent flow of goods to the market, meeting consumer demand efficiently.
- The company has strategically sourced products from trusted traders and brand manufacturers in Pune and Nashik, ensuring a diverse and quality product range.
- With the lifting of India's sugar ban in January, there is a significant opportunity for sales growth, following a decline last year which was government policy-driven.
- The business boasts a robust distribution network through a local agency, reaching over 600 clients, including supermarkets and retail stores in the Panadura region.
- Certified by the SLS, PHI, and Health Ministry, this enterprise operates with the utmost attention to quality and regulatory standards, enhancing its credibility and market trust.
- Currently executing a large import order of 500 tons, a marked increase from their regular 50-ton imports, demonstrating significant business scaling and an urgent need for funding.
- With a supply frequency of 1-2 times per week, each delivery ranges between 3 tons to 5 tons, maintaining a consistent flow of goods to the market, meeting consumer demand efficiently.
Products & Services Overview
Import and distribution of packaged foods, focusing on sugar, wholesale rice, and dal sourced from trusted traders in India, particularly Pune and Nashik. Catering to over 600 clients, including supermarkets and retail stores in the Panadura region.
Assets Overview
Physical assets include our stock which is ~60-70% and 2 vehicles - lorry & a van.
Facilities Overview
Operating from own office and storage facility of 2 floors with a built-up area of 13 perches. Location is Keselwatta, Panadura.
Capitalization Overview
Self-funded.There are 2 partners in the company.
No outstanding loans or liabilities.
Recent Activity
-
Earlier than 15 daysDirector, Internet, Hyderabad, Individual Investor / Buyer connected with the Business
Tags:
Import / Export Business Seeking Loan in Panadura, Sri Lanka
·Food Wholesale Business Seeking Loan in Panadura, Sri Lanka
·Lend to Import / Export Business in Panadura, Sri Lanka
·Lend to Food Wholesale Business in Panadura, Sri Lanka
·Import / Export Business Seeking Loan
·Food Wholesale Business Seeking Loan
·Lend to Import / Export Business
·Lend to Food Wholesale Business
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