Women's Clothing Business Seeking Loan in Gelioya, Sri Lanka
Women's apparel manufacturer seeks LKR 5 million for its formal wear brand.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 167 thousand |
| Run Rate Sales | USD 180 thousand |
| EBITDA Margin | 8 % |
| Industries | Women's Clothing |
| Locations | Gelioya |
| Local Time | 5:38 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
16.7 thousand
for
18.0%
annual interest,
1
year
(Native Currency: LKR 5,000,000)
Reason: The investment of LKR 5 million will be used to:
- Spend on online marketing for our new formal wea...
View More
Collateral Available: USD 0
Includes physical assets worth
USD
8.4 thousand
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- Women's apparel manufacturer supplying to the local market.
- We have recently launched a brand for formal wear and have an existing brand for casual wear.
- Our current installed production capacity helps us achieve an annual revenue of LKR 50 million.
- 100% of the sales are from our casual wear brand and we want to now focus on the digital marketing of the formal wear brand.
- We now want to expand the formal wear brand, increase our production capacity, and target the export market as well.
Our aim is to ensure that we are established as an organization that produces quality and reliable apparel for the fashion industry. We are proud to say that we have secured our place as one of the leaders in the local market.
- We have recently launched a brand for formal wear and have an existing brand for casual wear.
- Our current installed production capacity helps us achieve an annual revenue of LKR 50 million.
- 100% of the sales are from our casual wear brand and we want to now focus on the digital marketing of the formal wear brand.
- We now want to expand the formal wear brand, increase our production capacity, and target the export market as well.
Our aim is to ensure that we are established as an organization that produces quality and reliable apparel for the fashion industry. We are proud to say that we have secured our place as one of the leaders in the local market.
Products & Services Overview
Manufacturing apparel for the local market with the intention of becoming a branded company.Manufacturing various types of:
• Casual and formal trousers and tops.
• Pants like palazzos.
• Palazzo tops.
• Harem pants and tops.
• Cargo.
Assets Overview
Tangible assets include the plant and machinery of our existing setup.
Facilities Overview
We operate from our own headquarters in central Gelioya, Sri Lanka. Both our office and production unit are located in the headquarters.
Capitalization Overview
- We have an outstanding bank loan of LKR 1.2 million that we had taken for the acquisition of the building.- Two husband and wife partners in the business.
Recent Activity
-
Earlier than 15 daysPartner, Apparel Retail, Colombo, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysGeneral Manager, Clothing, Colombo, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 122,500+ other businesses of all sizes.
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.
You might also be interested in these businesses