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Profitable Spices Business Investment Opportunity in Colombo, Sri Lanka

Spices and food items importer in Colombo seeking investment to maintain the increasing demand.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity General Partnership
Reported Sales USD 344 thousand
Run Rate Sales USD 370 thousand
EBITDA Margin 30 - 40 %
Industries Agriculture Wholesale + 1 more
Locations  Colombo
Local Time 12:09 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 86 thousand for 40.0% stake (Native Currency: LKR 25,000,000)
Reason: We want to use the funds to import more goods and fulfil the buyer's demand and earn more profits.
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Business Name
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Business Overview
We import dried red chillies, rice, kabuli chickpeas, desi chickpeas, channa dal, onion and supply it to the wholesale market. We regularly import 2 containers at a time. This time the demand is more we are unable to supply. To address this we are in the process to increase the import to 10 containers a month. The owners have more than 15 years of experience in this field and we have a good knowledge about the local market price fluctuations. We have 7 to 8 permanent clients in the wholesale market who have been regularly doing business with us.
Products & Services Overview
We supply rice (from Chennai), dried red chillies (from Guntur), kabuli chickpeas, desi chickpeas, channa dal, coffee, tea, prawns to the wholesale market.
Facilities Overview
We have registered our company under our residential address and we don't have any warehouse since we directly supply the goods from the containers to the wholesaler.
Capitalization Overview
Not Disclosed
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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