Watches Company Investment Opportunity in Colombo, Sri Lanka
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 63 thousand |
Run Rate Sales | USD 37 thousand |
EBITDA Margin | 18 % |
Industries | Jewellery + 1 more |
Locations | Colombo |
Local Time | 10:54 AM Asia / Colombo |
Listed By | Business Owner / Director |
Status | Active |
- 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 are studded with precious stones like diamonds.
Intangible assets include an e-commerce platform and in-house owned designs.
Intangible assets have a value of about GBP 40,000.
Recently acquired land near Colombo for constructing a workshop.
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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