Newly Established Water Purifiers Business Seeking Loan in Batticaloa, Sri Lanka
Lending opportunity: Newly established water purifier reseller seeks financing to launch their own brand.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 65 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Water Purifiers |
| Locations | Batticaloa |
| Local Time | 11:06 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Recently Active |
Seeking Loan
USD
4.5 thousand
for
12.0%
annual interest,
5
years
(Native Currency: LKR 1,500,000)
Reason: To finance development and launch of own brand of RO water purifiers, including stock and branding c...
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Collateral Available: USD 0
Includes physical assets worth
USD
6 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Local Government License
(153.8 KB)
Business Overview
- Newly established water purifier reselling business in Batticaloa with a trade licence and a dedicated store.
- We have sold around 30 RO purifier units in one month, generating about LKR 1.8 million in revenue with an EBITDA margin of 20%.
- We started our business in May this year.
- The business employs 7 permanent staff and currently has no outstanding loans.
- The owner aims to build and market an independent RO water purifier brand.
- Business has a trade license and local government license necessary for operations.
- We have sold around 30 RO purifier units in one month, generating about LKR 1.8 million in revenue with an EBITDA margin of 20%.
- We started our business in May this year.
- The business employs 7 permanent staff and currently has no outstanding loans.
- The owner aims to build and market an independent RO water purifier brand.
- Business has a trade license and local government license necessary for operations.
Products & Services Overview
Resale of 18L domestic RO water purifiers and related products for home and industrial water purification needs.Our top selling category are domestic water purifiers.
Assets Overview
Tangible assets mainly comprise RO water purifier inventory/stock valued at approximately LKR 2,000,000.
Facilities Overview
Operations run from a licensed rented store in the Chenkalady area of Batticaloa.
Capitalization Overview
Sole proprietorship owned 100% by a single owner.The business is funded by owner’s capital and currently has no outstanding loans or external debt.
Tags:
Newly Established Water Purifiers Business Seeking Loan in Batticaloa, Sri Lanka
·Newly Established Water Filter Business Seeking Loan in Batticaloa, Sri Lanka
·Lend to Newly Established Water Purifiers Business in Batticaloa, Sri Lanka
·Lend to Newly Established Water Filter Business in Batticaloa, Sri Lanka
·Newly Established Water Purifiers Business Seeking Loan
·Newly Established Water Filter Business Seeking Loan
·Lend to Newly Established Water Purifiers Business
·Lend to Newly Established Water Filter Business
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