Men's Apparel Store Seeking Loan in Digana, Sri Lanka
Apparel retailer with 150 dealers seeking a loan to launch a new showroom for expansion.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 9.7 thousand |
| Run Rate Sales | USD 10 thousand |
| EBITDA Margin | 20 % |
| Industries | Men's Apparel Stores + 1 more |
| Locations | Digana |
| Local Time | 8:14 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
16.2 thousand
for
12.0%
annual interest,
5
years
(Native Currency: LKR 5,000,000)
Reason: We are seeking a loan to launch our own showroom in Mawanella.
Collateral Available: USD 13 thousand
Includes physical assets worth
USD
13 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Municipality License
(201.0 KB)
Business Overview
- The company is a retailer of men’s and women’s clothing.
- It sources products from six suppliers. It operates on a B2B model and sells clothing to dealers across Sri Lanka.
- The business currently works with 150 dealers.
- It has two permanent employees to ensure smooth operations.
- It functions as a sole proprietorship with a valid municipality license.
- It sources products from six suppliers. It operates on a B2B model and sells clothing to dealers across Sri Lanka.
- The business currently works with 150 dealers.
- It has two permanent employees to ensure smooth operations.
- It functions as a sole proprietorship with a valid municipality license.
Products & Services Overview
Top-selling products include men’s t-shirts and denim jackets, along with women’s shalwar, all sold through a B2B model.
Assets Overview
Tangible assets:- Inventory (LKR 4 million)
Intangible assets:
- Distribution network.
- Municipality license.
Facilities Overview
We operate from the owner’s residence in Digana, where the inventory is also stored. This property is a personal asset of the owner and is not owned by the business.
Capitalization Overview
It is funded by the sole proprietor and does not have any loans.
Tags:
Women's Clothing Store Seeking Loan in Digana, Sri Lanka
·Women's Apparel Store Seeking Loan in Digana, Sri Lanka
·Men's Clothing Store Seeking Loan in Digana, Sri Lanka
·Men's Apparel Store Seeking Loan in Digana, Sri Lanka
·Lend to Women's Clothing Store in Digana, Sri Lanka
·Lend to Women's Apparel Store in Digana, Sri Lanka
·Lend to Men's Clothing Store in Digana, Sri Lanka
·Lend to Men's Apparel Store in Digana, Sri Lanka
·Women's Clothing Store Seeking Loan
·Women's Apparel Store Seeking Loan
·Men's Clothing Store Seeking Loan
·Men's Apparel Store Seeking Loan
·Lend to Women's Clothing Store
·Lend to Women's Apparel Store
·Lend to Men's Clothing Store
·Lend to Men's Apparel Store
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.
Contact Business
3 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,000+ other businesses of all sizes.
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.
You might also be interested in these businesses