Waste Management Company Seeking Loan in Colombo, Sri Lanka
Leading medical waste management company with a network of 120+ healthcare clients seeks funding.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 400 thousand |
| Run Rate Sales | USD 1 million |
| EBITDA Margin | 34 % |
| Industries | Waste Management |
| Locations | Colombo |
| Local Time | 7:20 PM Indian / Maldives |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
500 thousand
for
13.0%
annual interest,
3
years
(Native Currency: LKR 145,000,000)
Reason: Seeking funding for expansion of the facility to be able to increase the capacity by 2x.
Collateral Available: USD 0
Includes physical assets worth
USD
1 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Business specializes in medical waste management.
- The company is a leader in waste management, particularly in the area of medical waste.
- Has a network encompassing over 120 large, medium, and small-scale hospitals and healthcare clients.
- The company operates on a contract-based revenue model, offering both short-term and long-term contracts with an average duration of one year.
- Revenue is generated through monthly payments based on the volume of waste collected.
- The recent expansion of the plant to enhance incineration capacity to 5,000 kg/day has resulted in a significant increase in sales. This expansion has enabled the company to efficiently handle more orders, demonstrating a proactive approach to meeting growing demand.
- The promoter brings extensive industry experience to the business, with 20 years in solid waste management and 9 years specifically in medical waste management.
- The business possesses an environment safety license.
- The company is a leader in waste management, particularly in the area of medical waste.
- Has a network encompassing over 120 large, medium, and small-scale hospitals and healthcare clients.
- The company operates on a contract-based revenue model, offering both short-term and long-term contracts with an average duration of one year.
- Revenue is generated through monthly payments based on the volume of waste collected.
- The recent expansion of the plant to enhance incineration capacity to 5,000 kg/day has resulted in a significant increase in sales. This expansion has enabled the company to efficiently handle more orders, demonstrating a proactive approach to meeting growing demand.
- The promoter brings extensive industry experience to the business, with 20 years in solid waste management and 9 years specifically in medical waste management.
- The business possesses an environment safety license.
Products & Services Overview
Collection and incineration of medical waste.Clients are Both large and medium-sized hospitals and healthcare facilities clinics, dental offices, laboratories etc.
Offering both short-term and long-term contracts and charged on a monthly basis.
Assets Overview
Physical assets include the incineration facility, equipment, machinery and office assets.
Facilities Overview
Company-owned incineration facility on a leased 40 perches of government land.Rent is LKR 83k per month.
Located in Sedawatta.
Capitalization Overview
Local bank loans and company funds, partially utilized ADB funds.50% debts and now a shareholder with 100%ownership.
Operating with short-term and long-term contacts with the clients.
Recent Activity
-
3 days, 9 hours agoBusiness Turn Around Specialist, Colombo, Financial Consultant connected with the Business
-
5 days, 21 hours agoManaging Director, Trading (Exports), Chennai, Individual Investor / Buyer connected with the Business
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2 Investors contacted this Business this week.
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