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Newly Established Optical Store Seeking Loan in Colombo, Sri Lanka

Comprehensive eyewear business delivering stylish and affordable eyewear solutions is seeking a loan for expansion.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 81 thousand
EBITDA Margin 20 %
Industries Optical Stores
Locations  Colombo
Local Time 5:38 PM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 17 thousand for 13.0% annual interest, 5 years (Native Currency: LKR 5,000,000)
Reason: Expand into more stores.
Collateral Available: USD 0
Includes physical assets worth USD 51 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Eyewear usage serves both constant vision correction and occasional protective or functional purposes.
- Daily footfall averages 4 customers, with individual spending ranging from LKR 15,000 to 20,000.
- Established a customer base of 800 individuals.
- Reliable partnerships with 4 suppliers ensure consistent inventory and product variety.
- Promoter possesses 5 years of industry experience, ensuring operational expertise.
- Business registration license is in place.
Products & Services Overview
- Product offerings include prescription spectacles (bestsellers), prescription lenses, sunglasses, and contact lenses catering to individuals with vision-related needs.
Assets Overview
Assets include:
Stock, furniture, fixtures and equipment.
Facilities Overview
Store located in Havelock Road, Colombo.
Measures 1,500 sq ft.
Rent is LKR 1 lakh /month.
Capitalization Overview
Shareholders 2.
No loans or debts.
Self funded business.
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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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