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Profitable Vegetable Farm Seeking Loan in Anuradhapura, Sri Lanka

Family-owned vegetable farm in Anuradhapura, specializing in grains, vegetables, and fruits, seeking funding.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales USD 51 thousand
Run Rate Sales USD 2.7 thousand
EBITDA Margin 40 %
Industries Vegetable Farms
Locations  Anuradhapura
Local Time 10:18 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 34 thousand for 13.0% annual interest, 20 years (Native Currency: LKR 10,000,000)
Reason: Seeking funding for increasing productivity and setting up a greenhouse. The loan amount can be rep... View More
Collateral Available: USD 0
Includes physical assets worth USD 34 thousand
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Business Name
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Documents
Business Overview
- A family-owned vegetable farm located in Anuradhapura.
- Specialized in the cultivation of rice, black gram, scotch bonnet, vegetables and fruits.
- The farm supplies its products to 3 clients, which include local distributors and retailers.
- It is important to note that the farm is experiencing a decrease in sales as a result of the economic downturn in Sri Lanka, impacting its overall performance compared to the previous year.
- Supplying to 3 clients, which includes local distributors and retailers.
- Currently, the farm has 2 employees, with one being a permanent worker alongside the business owner.
Products & Services Overview
Specialized in the cultivation of rice, black gram, scotch bonnet, vegetables and fruits.
Top selling are vegetables and fruits.
Supplying to 3 local distributors and retailers.
Assets Overview
Physical assets include the 7.5 acres of farm land owned.
Facilities Overview
Own farmland of 7.5 acres located in Central Anuradhapura.
Capitalization Overview
Business is self-funded.
No outstanding loans or liabilities.
There is 1 business owner.
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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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