Lingerie Company Seeking Loan in Kalutara, Sri Lanka
Established | 5-10 year(s) |
Employees | 100 - 500 |
Legal Entity | Private Limited Company |
Reported Sales | USD 4 million |
Run Rate Sales | USD 2 million |
EBITDA Margin | 16 % |
Industries | Lingerie |
Locations | Kalutara |
Local Time | 7:24 AM Asia / Colombo |
Listed By | Management Member |
Status | Moderately Active |
- Serving 11+ clients across the United States, Canada, India, European Union, the United Arab Emirates, and Sri Lanka.
- Proudly serving as manufacturers for Amante India and Flash Landmark.
- Establishing strong supplier relationships with 150 partners in China, Thailand, India, and Sri Lanka.
- Possessing manufacturing capabilities with a maximum capacity of 200,000 units per month.
- Currently operating at a production rate of 70,000 units per month.
- Holding INFAC certification, renewed annually, and compliance certificates of WRAP and SEDEX.
- Experiencing a decrease in sales this year due to the economic recession in Sri Lanka.
Products:
1. Offering a range of women's lingerie.
2. Providing high-quality activewear.
3. Featuring stylish swimwear options.
4. Offering comfortable and fashionable sleepwear.
Target:
1. Catering to women and children.
2. Serving both B2B and B2C markets.
3. Attracting local and international clients.
Assets include:
Machinary.
Building.
Land.
Furniture.
Fixtures.
Website.
The assets are illiquid hence we need funds for expansion.
1. One production floor.
2. Spans 45,000 square feet.
3. Owned by the company.
- Purchase orders facilitated through bank credit facility.
- Ownership divided among two directors, with one holding 51% and the other 49% of shares.