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Pet Shop Seeking Loan in Colombo, Sri Lanka

E-commerce platform for aquarium-related services for residential & commercial clients in 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
Overall Rating
Seeking Loan
USD 17.2 thousand for 13.0% annual interest, 6 years (Native Currency: LKR 5,000,000)
Reason: Loan required for marketing & order fulfilment on time for online orders. We expect our sales to in... View More
Collateral Available: USD 0
Includes physical assets worth USD 1.38 thousand
Interested to connect with advisors
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Business Overview
1. Client Base:
• 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.
Products & Services Overview
Live fish: Freshwater species for both personal and business needs.
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.
Assets Overview
Inventory including fiber tub and aquatic fish worth LKR 400 thousand.
Intangible assets include own e-commerce website.
Facilities Overview
Online platform & back-to-back orders are fulfilled. Promoter's residence is used for the storage of inventory.
Capitalization Overview
No loans. Bootstrapped through business funds. The company has a single director.
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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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