Pet Shop Seeking Loan in Colombo, Sri Lanka
Established | 0-1 year(s) |
Employees | < 2 |
Legal Entity | Private Limited Company |
Reported Sales | Nil |
Run Rate Sales | USD 6.2 thousand |
EBITDA Margin | 30 % |
Industries | Pet Shops + 1 more |
Locations | Colombo |
Local Time | 10:52 AM Asia / Colombo |
Listed By | Business Owner / Director |
Status | Moderately Active |
• Number of clients: Serving both residential and commercial clients throughout Sri Lanka. Receive 120+ monthly orders.
2. Revenue model:
• Product sales: Revenue generated from selling live fish, ornamental plants, and aquarium accessories.
• Tank maintenance: Charges for routine and specialized maintenance services for residential and commercial clients.
• Tank rentals: Daily rental fees for fiber portable tubs with an initial deposit.
• Breeding and selling: Revenue from breeding and selling freshwater fish and aquatic plants.
• Export and import: Income from international trade of freshwater live fish and aquatic plants.
3. Promoter experience:
• Experience: The sole director of the company has experience as an accountant and CFO and is expanding their skills into CFO-level financial management, data analytics, SQL, and Power BI.
4. Business relationships:
• Commercial Clients: Includes businesses needing tank rentals and maintenance.
• Residential Clients: Individual clients for aquarium products and services.
• International Gifting: Partners for international gifting of aquariums.
• Suppliers: Relationships with wholesale suppliers for live fish, plants, and accessories.
• Delivery: Have courier partners as well as utilize Uber and Pickme for local deliveries.
6. Marketing strategies.
• Digital Marketing: Social media campaigns to reach a broader audience. Marketing campaigns and SEO are outsourced.
• Paper Marketing: Targeted marketing for tank maintenance services.
7. Expansion and future plans:
• In-House Farm: Plans to establish an in-house aquarium farm.
• Growth: Expansion into more services or products as the business grows.
8. Licenses:
• Hold an Export license, certification from the Fisheries Department of Sri Lanka, and a customs license.
Ornamental plants: Aquatic plants for enhancing aquariums.
Aquarium accessories: Tools and equipment for maintaining and decorating aquariums.
Tank maintenance: Services for both residential and commercial clients.
Fish tank rentals: For commercial clients with an initial deposit and daily rental fee.
Breeding: Freshwater fish and ornamental aquatic plants.
Export and import: Activities related to freshwater live fish and aquatic plants.
Intangible assets include own e-commerce website.