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Newly Established Electronics Store Seeking Loan in Rambukkana, Sri Lanka

Retail store engaged in sale of electronics, furniture, & household supplies, seeking funding for expansion.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 61 thousand
Run Rate Sales USD 61 thousand
EBITDA Margin 20 %
Industries Electronics Stores
Locations  Rambukkana
Local Time 5:57 PM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 10.2 thousand for 13.0% annual interest, 5 years (Native Currency: LKR 3,000,000)
Reason: Seeking funds for expansion of business to more locations and sales & marketing channels. The sough... View More
Collateral Available: USD 0
Includes physical assets worth USD 13.6 thousand
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Retail store specializing in electronics, furniture, and household supplies.
- The company has managed to build a client base of over 1,000 customers, indicating a strong market presence and customer loyalty.
- The business primarily engages in B2C (business-to-consumer) transactions.
- Receives an average of 5-7 orders per day, demonstrating consistent consumer demand.
- The business sources products from both manufacturers and distributors.
Products & Services Overview
Products include electronics, furniture and household supplies.
Top selling are electronics such as washing machines, refrigerators, ceiling fans and TVs.
B2C model - sold through the retail store.
Assets Overview
Physical assets include inventory and store equipment.
Facilities Overview
Currently operating from a rented facility in 128, Rambukkana.
Capitalization Overview
Business is self-funded.
No outstanding loans or liabilities.
Single owner, holding 100% shares in the business.
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2 Investors viewed this Business this month. Register below to connect now!
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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