Lingerie Company Seeking Loan in Kalutara, Sri Lanka
Seeking investment: Succesful lingerie manufacturer with 150+ supplier relationships and 70,000 units produced monthly.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 4 million |
| Run Rate Sales | USD 2 million |
| EBITDA Margin | 16 % |
| Industries | Lingerie |
| Locations | Kalutara |
| Local Time | 3:53 PM Asia / Colombo |
| Listed By | Management Member |
| Status | Moderately Active |
Seeking Loan
USD
530 thousand
for
17.0%
annual interest,
4
years
(Native Currency: LKR 159,000,000)
Reason: Need funds for business expansion and increasing production.
Collateral Available: USD 0
Includes physical assets worth
USD
3.3 million
Interested to connect with advisors
Business Overview
- Serving 11+ clients across the United States, Canada, India, European Union, the United Arab Emirates, and Sri Lanka.
- Proudly serving as manufacturers for Amante India and Flash Landmark.
- Establishing strong supplier relationships with 150 partners in China, Thailand, India, and Sri Lanka.
- Possessing manufacturing capabilities with a maximum capacity of 200,000 units per month.
- Currently operating at a production rate of 70,000 units per month.
- Holding INFAC certification, renewed annually, and compliance certificates of WRAP and SEDEX.
- Experiencing a decrease in sales this year due to the economic recession in Sri Lanka.
- Proudly serving as manufacturers for Amante India and Flash Landmark.
- Establishing strong supplier relationships with 150 partners in China, Thailand, India, and Sri Lanka.
- Possessing manufacturing capabilities with a maximum capacity of 200,000 units per month.
- Currently operating at a production rate of 70,000 units per month.
- Holding INFAC certification, renewed annually, and compliance certificates of WRAP and SEDEX.
- Experiencing a decrease in sales this year due to the economic recession in Sri Lanka.
Products & Services Overview
Products:1. Offering a range of women's lingerie.
2. Providing high-quality activewear.
3. Featuring stylish swimwear options.
4. Offering comfortable and fashionable sleepwear.
Target:
1. Catering to women and children.
2. Serving both B2B and B2C markets.
3. Attracting local and international clients.
Assets Overview
Assets include:Machinary.
Building.
Land.
Furniture.
Fixtures.
Website.
The assets are illiquid hence we need funds for expansion.
Facilities Overview
1. One production floor.2. Spans 45,000 square feet.
3. Owned by the company.
Capitalization Overview
- Purchase orders facilitated through bank credit facility.- Ownership divided among two directors, with one holding 51% and the other 49% of shares.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
