Need help?

Newly Established Men's Apparel Store Seeking Loan in Colombo, Sri Lanka

Import and wholesale distributor of premium quality menswear, footwear, and fashion accessories seeks a loan.

Established 0-1 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales USD 200 thousand
EBITDA Margin 10 %
Industries Men's Apparel Stores
Locations  Colombo
Local Time 7:35 AM Asia / Colombo
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Seeking Loan
USD 45 thousand for 14.0% annual interest, 1 year (Native Currency: LKR 15,000,000)
Reason: The business is seeking a total financing facility of 15 million LKR. This capital will be utilized ... View More
Collateral Available: USD 0
Includes physical assets worth USD 16.5 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- The business serves 20 district wholesale customers while generating direct sales from over 20 daily walk-in buyers.
- We started operations 9 months ago.
- Revenue is generated through bulk wholesale orders and direct retail store sales.
- Operations are managed by a team of 10 employees.
- The business maintains strong distributor relationships across key districts and established customer loyalty in the local market.
- The business operates as a sole proprietorship.
Products & Services Overview
The business’s top-selling products include shirts, polo neck t-shirts, pants, innerwear, winterwear, footwear, casual wear, and fashion accessories targeted mainly at men.
Assets Overview
Tangible Assets: Inventory, store furniture, and physical fixtures.

Intangible Assets: Established wholesale client network of 20 district buyers, repeat daily walk-in customer base, local market brand goodwill, and operational supplier relationships.
Facilities Overview
The business operates from a commercial building with the business occupying the ground floor. The wholesale store is held under a rental lease agreement with a monthly rental expense of 150,000 LKR.
Capitalization Overview
The business is a sole proprietorship owned 100% by a single owner. There are currently no outstanding loans or debt obligations on the business.
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
6 Investors viewed this Business this week. Register below to connect now!
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
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more

    Chat with Us
    Welcome to SMERGERS