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Profitable Rice Mill Seeking Loan in Agunukolapelessa, Sri Lanka

Rice mill business in Agunukolapelessa with 500+ customers seeks a business loan for expansion.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 5 thousand
Run Rate Sales USD 8 thousand
EBITDA Margin 40 %
Industries Rice Mills
Locations  Agunukolapelessa
Local Time 8:08 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 33 thousand for 12.0% annual interest, 10 years (Native Currency: LKR 10,000,000)
Reason: To buy machines and process rice in large quantities. We will start paying interest with the higher... View More
Collateral Available: USD 1.65 thousand
Includes physical assets worth USD 100 thousand
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Business Overview
- The rice mill business, located in Agunukolapelessa, specializes in processing rice and coconut oil, catering to a diverse clientele.
- With over 500 local customers, the business serves both individual buyers and wholesalers, creating a substantial market presence.
- The processing facility includes advanced grinding mills that ensure high-quality rice and coconut oil for consumers.
- The focus on locally sourced ingredients and products supports the community, making the business a valued local resource.
- Daily production capacity is 4,000-5,000 kgs of rice.
- Business has a registration certificate.
Products & Services Overview
We process and sell rice and coconut oil to local buyers and customers.
Assets Overview
Assets include: Milling machines, grinding machines, equipment and rice stock.
These assets are essential in generating revenue and cannot be liquidated. We are operating at full production capacity at the moment.
Facilities Overview
Operating from self owned processing area in Agunukolapelessa. This is not included in the asset value.
Capitalization Overview
Single owner business with no loans or liabilities.
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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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