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Newly Established Spices Company Investment Opportunity in Seeduwa, Sri Lanka

Seeks Investment: Spices exporting company that has 20-25 clients from 8 countries based in Seeduwa.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales USD 800 thousand
EBITDA Margin 12 %
Industries Spices
Locations  Seeduwa
Local Time 5:01 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 83 thousand for 30.0% stake (Native Currency: LKR 25,000,000)
Reason: - Working capital requirement for export orders of spices and coco fibre. - To add a new production... View More
Includes physical assets worth USD 15 thousand
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Business Name
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Business Overview
- Company involved in the export of spices.
- We previously supplied goods for a local exporter but now it is registered as a separate entity as a direct exporting company.
- We have clients in the US, Mexico, UK, India, Pakistan, Bolivia, UAE and Turkey at present and planning to aim for the EU customer base in the near future.
- Looking for funds for a new export order project worth of LKR 40 million and the packaging will be started after the required funds are received.
- We have trusted suppliers around the country for spices and coco fibre. The business has 12 suppliers.
- Our clientele covers 8 countries, and we have around 20-25 clients.
- The business is in the process of hiring employees.
Products & Services Overview
- Spices such as Ceylon cinnamon, black pepper, clove, clove stem, cardamom, nutmeg, mace and other varieties of spices.
- Coconut fibre, coco peat, bristol fibre, mixed fibre and coconut fibre-related raw materials.
Assets Overview
The physical assets of the business include the newly purchased machinery.
Facilities Overview
- Have rented a property in Liyanagemulla very close to the Katunayake Colombo expressway entrance.
- The space for office area, employee accommodation, store inventory and vehicle park.
- We occupy space of around 3.5k sqft and it is a 2-storey building.
- The rent is LKR 200k per month.
Capitalization Overview
- The company currently seeks a potential investor to invest. The investor will receive a 30% stake in the company.
- Lender is also preferred.
- 2 shareholders at present and there is no loan.
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9 Investors already contacted this Business. 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.
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