Need help?

Office Supplies Wholesale Company for Sale in Wattala, Sri Lanka

For Sale: Established office supplies wholesale business with 38 years of industry legacy.

Established 30-40 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 26.4 thousand
Run Rate Sales Nil
EBITDA Margin Nil
Industries Office Supplies Wholesale + 1 more
Locations  Wattala
Local Time 9:15 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 23 thousand (Native Currency: LKR 7,000,000)
Reason: - The owner wants to retire and migrate overseas and is unable to continue operating the business. T... View More
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Semi-operational office interiors trading business.
- Business has a long track record, it started 38 years ago and was then reincorporated 16 years ago.
- The business was doing pretty well until the pandemic and then it faced certain struggles which it never recovered from.
- Business did its last contract last year in November worth about LKR 3 million. Currently negotiating new contract for LKR 6 million.
- Business has a Certificate of Incorporation.
Products & Services Overview
Our top selling products used to be vinyl flooring, carpets, office chairs, toilet cubicles, building cladding, aluminum doors, windows, ceilings.
Assets Overview
Tangible assets are tools for laying vinyl flooring and carpets, as part of this transaction.
Intangible assets: The goodwill of the company that has had a very successful operation in past years and is well known to the main building contracting companies and architects in Sri Lanka.
- 38 years of goodwill.
- Incorporated legal entity with a track record of 16 years and preceded by 12 years as a different entity.
Facilities Overview
- We have no premises right now as we are not operating.
- Our registered address is in Wattala.
Capitalization Overview
- 2 equal shareholders in the company.
- No loans or debts in the name of the business.
Recent Activity
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
3 Buyers 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.
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