Watches Company Equity Stake For Sale in Colombo, Sri Lanka
UK-registered luxury bespoke jewellery and watch manufacturer seeks funds to enhance its inventory.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 63 thousand |
| Run Rate Sales | USD 36.5 thousand |
| EBITDA Margin | 18 % |
| Industries | Jewellery + 1 more |
| Locations | Colombo |
| Local Time | 11:36 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
56 thousand
for
20.0%
stake
(Native Currency: GBP 42,752)
Reason: Funds will be utilized in enhancing the inventory, for marketing, and for building partnerships.
Ou...
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Includes physical assets worth
USD
79 thousand
Interested to connect with advisors
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Business Name
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Documents
Company Registration in the UK
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Business Overview
- Up and coming bespoke manufacturer getting recognized by leading manufacturers and sellers.
- The company designs, manufactures, and ships watches and jewellery.
- We are keen to make a revolutionary brand for global markets.
- Marketing is done through word of mouth, Instagram influencers, and industry agents.
- Sales are done through agents and our website.
- Have individual customers in Europe and other parts of the world who place their orders through agents or directly through our website.
- We receive an upfront payment from our customers.
- The precious gems are sourced from Sri Lanka and we pay our suppliers in advance.
- Our sales have dropped as we have paused the shipments of our products.
- We are registered in the UK but all the staff has returned to Sri Lanka due to the pandemic.
- The company plans to operate from the UK after this pandemic subsides.
- The company designs, manufactures, and ships watches and jewellery.
- We are keen to make a revolutionary brand for global markets.
- Marketing is done through word of mouth, Instagram influencers, and industry agents.
- Sales are done through agents and our website.
- Have individual customers in Europe and other parts of the world who place their orders through agents or directly through our website.
- We receive an upfront payment from our customers.
- The precious gems are sourced from Sri Lanka and we pay our suppliers in advance.
- Our sales have dropped as we have paused the shipments of our products.
- We are registered in the UK but all the staff has returned to Sri Lanka due to the pandemic.
- The company plans to operate from the UK after this pandemic subsides.
Products & Services Overview
Custom designed watches and jewellery.Products are studded with precious stones like diamonds.
Assets Overview
Physical assets include the recently acquired land worth GBP 53,000; inventory, parts, and equipment worth GBP 7,000.Intangible assets include an e-commerce platform and in-house owned designs.
Intangible assets have a value of about GBP 40,000.
Facilities Overview
Rented 1,500 sq. ft. custom studio, design lab, and diamonds studio in Colombo.Recently acquired land near Colombo for constructing a workshop.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, Pharmaceuticals, Colombo, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysHead, Construction, Doha, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPartner, Real Estate, Bogotá, Individual Investor / Buyer connected with the Business
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