Business Overview
- Our company cultivates rosemary and then manufactures & supplies a broad range of rosemary-based products to our customers under our own brand name.
- Currently, we have about 6 rosemary-based products packaged and selling under our brand name. Rosemary-based tea and meat curry powder contribute to about 70 percent of the company's total revenue.
- Each product comes under 3 to 4 different size variations. We sell our products directly to about 200 independent supermarkets and grocery store owners across Sri Lanka. This is the only source of revenue for our company.
- We receive about 15 to 10 purchase orders every month of varied sizes are utilising about 70 percent of the total production capacity.
- We cultivate about 6,000 kilograms of rosemary every month. All the plantations are then brought back to our production unit where they are manufactured, processed, and packaged into the final products. We do not sell rosemary plantations anywhere else. We have part-time employees who look over the growth of the plantations.
- The revenue has decreased this year due to the operational difficulties caused by the pandemic. The pandemic did not allow us to effectively plant our rosemary plantations and carry out production.
Products & Services Overview
Our rosemary-based products include:
- Rosemary extract and dry powder.
- Hair oil.
- Tea and meat curry powder.
- Shampoo.
Assets Overview
Physical assets include:
- Manufacturing equipment and machinery for producing rosemary-based products.
- Inventory of finished products and raw materials.
- Plantations that are growing in the field.
Partial Stake Sale
USD
3.4 thousand
for
15.0%
stake
(Native Currency: LKR 1,000,000)
Reason:
- The proceeds from the investment will be entirely used for funding the working capital requirement...
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Includes physical assets worth
USD
17 thousand
Interested to connect with advisors
In talks with 3 Investors