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Watches Company Investment Opportunity in Colombo, Sri Lanka

UK-registered luxury bespoke jewellery and watch manufacturer seeks funds to enhance its inventory.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 66 thousand
Run Rate Sales USD 40 thousand
EBITDA Margin 18 %
Industries Jewellery + 1 more
Locations  Colombo
Local Time 2:07 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Investment
USD 60 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... View More
Includes physical assets worth USD 80 thousand
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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.

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.

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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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