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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 170 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin 8 %
Industries Women's Clothing
Locations  Gelioya
Local Time 4:12 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 17 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 8.5 thousand
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Business Name
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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.

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
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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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