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Newly Established Machine Tools Company Investment Opportunity in Avissawella, Sri Lanka

Company requires funds purchase initial stock to start a dealership of the INGCO tool brand.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Machine Tools
Locations  Avissawella
Local Time 5:27 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 16 thousand for 20.0% stake (Native Currency: LKR 5,000,000)
Reason: Initial stock purchase and commencement of operations.
Name, Phone, Email
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Business Name
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User Verification
Documents
Brand Brochure
Business Proposal
Business Overview

- We plan to start a dealership of INGCO tools in Avissawella and expand it over time.

- Our company is in the process of being registered and will be completed within the next 1-2 weeks.

- The dealership process has already been initiated and we can start the operations by the beginning of next year.

- Funds are required to make purchase of start up stock so that we can begin operations.

- We have also already taken up an air conditioned shop space on rent for the dealership.

- Brand has more than 2,000 types of power tools which we will stock based on requirement.

- The INCGO brand is a well established brand and has an objective of expansion throughout Sri Lanka.

- On average a dealer of their tools makes a monthly turnover of LKR 3,500,000 and grows at a rate of 15% annually.

- Promoter has over 10 years of experience in the field of industrial tools and machinery.

Products & Services Overview

Full scale dealership showroom for all of INGCO products.

Assets Overview

The business does not have any physical assets presently but we seek to purchase an initial stock and set up the infrastructure at our shop.

Facilities Overview

Rented 12' x 25' air conditioned single storied shop space with parking facilities.

Capitalization Overview
Not Disclosed
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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