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Biotechnology Business Seeking Loan in Monaragala, Sri Lanka

Business involved in the manufacture and sale of tissue-cultured mushroom seeds receiving 150 orders daily.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 4 - 5 thousand
Run Rate Sales USD 4 thousand
EBITDA Margin 30 - 40 %
Industries Biotechnology
Locations  Monaragala
Local Time 2:18 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 7 thousand for 12.0% annual interest, 20 years (Native Currency: LKR 2,000,000)
Reason: The business is seeking a loan to buy new machinery and cater to the demand.
Collateral Available: USD 3.4 thousand
Includes physical assets worth USD 10 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Business is involved in the sale of tissue-cultured mushroom seeds.

- The owner has an experience of 7+ years in this industry.

- One pack of tissue-cultured mushroom seeds weighs 200g and is sold for LKR 150.

- The demand is very high, we receive around 150 orders every day and our machine has a manufacturing capacity of 100 packs per day.

- The packs are directly sold to customers.

- The promotor has received the best entrepreneur award in Monaragala, Sri Lanka.

- Most of the work of the business is done through the machines and this is the reason for us to have limited employees. And we need these employees to operate the business from manufacturing to packaging.

Products & Services Overview

Mushroom cultures.

Mushroom seed.

Mushrooms.

Paper.

Areca nut.

Betel leaves.

Assets Overview

Laminar flow, autoclave, 02 cookers, agriculture equipment, and chemical laboratory equipment.

Facilities Overview

Full cultural house and 4 acres of land that belong to the owner personally. It is located in Monaragala, Sri Lanka.

Capitalization Overview

The business is bootstrapped and there is a single owner in the business.

There are no debts or liabilities in the industry.

Recent Activity
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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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