Profitable Tile Store for Sale in Colombo, Sri Lanka
Established | 10-20 year(s) |
Employees | 10 - 50 |
Legal Entity | Private Limited Company |
Reported Sales | USD 530 thousand |
Run Rate Sales | USD 640 thousand |
EBITDA Margin | 40 % |
Industries | Granite & Marble + 1 more |
Locations | Colombo |
Local Time | 9:55 PM Asia / Colombo |
Listed By | Business Owner / Director |
Status | Moderately Active |
Our main objective is to execute specialist stone works.
We have worked continuously as a subcontractor for M/s ICC for the last 10 years. Other major clients are Sanken Lanka, Maga, Canwill Holdings, Asia Broadcasting Corporation, Nawaloka Construction, Property Finance & Investments Kandy, State Engineering Corporation, Sri Lanka Army, L H Piyasena, and Iconic Developments.
We have secured projects which are more complicated to execute, for instance, we tendered for local projects against international contractors for specialist stonework and were successful in our bid.
Our consumers are contractors, builders, architects, and private individual customers.
The business owner has over 30 years of international experience and 12 years of local experience.
We purchase unprocessed stone from other vendors and miners. Our supplier network spans India, China, Oman, Turkey, Iran, and Italy.
We offer complete granite and marble solutions with in house factory, warehouse and store.
Marble/granite flooring, walls, signage, cladding, pantry tops, vanities, stone carvings, pebbles, and custom natural stone products.
Property with 3 structures; housing the offices, accommodation, factory and stores.
Stocks: Marble, granite, pebbles, stone carving stocks.
Factory machinery, site machinery, small tools, equipment and consumables.
Experienced office and factory staff.
Office equipment and furniture.
Work in hand.
Well known reputed company name.
Vehicles.
Website.
Server network.
Solar system 10kvA.
Company leases the facility from the business owner.
It comprises of:
- One four-story building with access from two sides. It houses the showroom, offices, and accommodation. Total square area of 7,000 Sq ft.
Ground floor - Showroom and office.
1st floor - Office on one side, accommodation on other side (entrances on either side of the building)
2nd floor - Accommodation two apartments (entrances on either side of the building)
3rd floor - Factory workers' accommodation, entrance on one side.
Two additional structures house the factory and stores.
Factory - 45 ft x 45 ft.
Stores - 45 ft x 45 ft.
Outdoor storage, driveway, and covered car parking for 5 vehicles.
The business was funded by the major shareholder's capital.
The company has 3 shareholders with 51%, 24.5%, and 24.5% shareholding.
The business owes the major shareholder Rs. 30 million.
There are no bank loans.
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Earlier than 15 daysGeneral Manager, Asset & Fund Management, Colombo, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManaging Director, Granite And Marble Providers, Colombo, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Tiles & Marbles, Colombo, Individual Investor / Buyer connected with the Business