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Men's Clothing Company Seeking Loan in Kottawa, Sri Lanka

Stable garment manufacturer in Sri Lanka with 5 years of experience, seeking funding for expansion.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 74 thousand
Run Rate Sales USD 80 thousand
EBITDA Margin 5 %
Industries Men's Clothing
Locations  Kottawa
Local Time 10:36 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 10 thousand for 13.0% annual interest, 5 years (Native Currency: LKR 3,000,000)
Reason: We are looking for a loan to help us expand our operations. The funding will be used to reinvest in ... View More
Collateral Available: USD 10 thousand
Includes physical assets worth USD 16.7 thousand
Name, Phone, Email
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Business Name
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Business Overview
- The business operates in the men's clothing industry, with a focus on garment manufacturing, and has recently expressed interest in expansion.
- Located in Kottawa, the business has a small team of 9 employees and has been in operation for 5 years, demonstrating stability and experience in the market.
- The company primarily focuses on men's clothing production, with a smaller portion of its manufacturing dedicated to women's clothing, offering a diverse product range within the apparel sector.
- With 3 major clients who are garment distributors in Sri Lanka, the business has already established key partnerships within the industry, providing a solid foundation for growth and further expansion.
- The production capacity of the business is approximately 200 t-shirts per day, showcasing its ability to meet high demand and operate efficiently within the market.
- The business's sourcing strategy involves procuring materials from 3-4 suppliers in Sri Lanka, which provides diversification and potential cost advantages within the supply chain.
- Given the company's experience, client base, and production capacity, an investment opportunity in the business could offer a lucrative return.
- The company has all the required certificates to run with.
Products & Services Overview
We are a garment manufacturer dealing majorly with men's clothing but we also manufacture some women's clothes too.
Assets Overview
Tangible assets-: 8 machines, vehicles and tools needed to run the factory.
Facilities Overview
We have a 1,200 sqm rented factory from where we run our operation at the moment.
Capitalization Overview
We have only one share of the business. We had initially registered as an enterprise but now we have registered as a pvt ltd company. There are no loans on the business at this point in time.
Recent Activity
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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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