Men's Clothing Business Seeking Loan in Kiribathgoda, Sri Lanka
Men's clothing manufacturer selling products to 15 retailers in Sri Lanka.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1.2 thousand |
| Run Rate Sales | USD 20 thousand |
| EBITDA Margin | 40 % |
| Industries | Men's Clothing |
| Locations | Kiribathgoda |
| Local Time | 12:45 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
2.5 thousand
for
13.0%
annual interest,
5
years
(Native Currency: LKR 750,000)
Reason: Require investment to expand the business.
Collateral Available: USD 6.6 thousand
Includes physical assets worth
USD
3.3 thousand
Business Overview
- A men's clothing manufacturing business located in Kiribathgoda, Sri Lanka.
- The manufacturing process is outsourced to a third party.
- Currently we are selling our products through retailers, and intend to start our own retail store in the near future.
- We have tie ups with 15 retailers in Sri Lanka.
- There are 2 local suppliers from whom we source the raw materials from.
- During the off season we sell an average of 1,000 pieces of clothing. During the festive season we sell an average of 3,500 pieces.
- We started operations in 2017, and revenue has begun to pick up this year.
Products & Services Overview
Mens wear, Mens t shirts, Shirts and pants.
Facilities Overview
Home office.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysSenior Investment Manager, Danish Development Fund (IFU), Copenhagen, Private Equity Firm connected with the Business
-
Earlier than 15 daysJunior Executive Assistant, Banking, Gampaha, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysOperations Director, BPO, Chennai, Individual Investor / Buyer connected with the Business
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