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Profitable Florist Seeking Loan in Seeduwa, Sri Lanka

Florist shop specializing in wholesale orders and event decorations is seeking loan for expansion.

Established 10-20 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 11.7 thousand
Run Rate Sales USD 16 thousand
EBITDA Margin 25 %
Industries Florists
Locations  Seeduwa
Local Time 8:41 PM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 16.7 thousand for 13.0% annual interest, 5 years (Native Currency: LKR 5,000,000)
Reason: The reason for seeking a loan is to facilitate the expansion of the business, which recently commenc... View More
Collateral Available: USD 0
Includes physical assets worth USD 8.4 thousand
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Business Name
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Business Overview
- The business operates a flower shop, with recent expansion into workshops over the past three months.
- It operates on a dual business model: it accepts wholesale pre-orders of fresh flowers from clients and provides comprehensive flower decoration services for various events such as weddings and musical events.
- Depending on the scale and requirements of the events, the business often employs between 4 to 5 temporary workers to assist with floral arrangements, setup, and event coordination.
- The shop has established a loyal customer base, consisting of approximately 4 to 5 regular clients who frequently request its services for event decorations.
- On average, the business generates monthly sales of approximately LKR 1.5 lakh on a wholesale basis during typical periods.
- However, during peak months such as January, May, and December, wholesale sales escalate significantly to approximately LKR 3 lakh per month, reflecting seasonal demand spikes.
- The business is registered, ensuring compliance with legal requirements.
Products & Services Overview
For wholesale orders, customers primarily contact the business through Facebook page. The florist shop also offers workshops and provides event decoration services.
Assets Overview
Physical assets include a stock of artificial flowers, wooden and metallic structures, and racks collectively valued at LKR 2.5 million.
Facilities Overview
The business operates from a rented shop in a built-up area measuring 20 feet by 20 feet, with a monthly rental cost of LKR 60,000. Additionally, it conducts classes at a co-working space.
Capitalization Overview
The business is currently self-funded and operates as a sole proprietorship, with no previous loans taken.
Recent Activity
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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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