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Geophysical Service Company Investment Opportunity in Colombo, Sri Lanka

For sale: Company specialising in providing geotechnical engineering services in a cost efficient way.

Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 100 - 200 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 20 - 30 %
Industries Geophysical Service
Locations  Colombo
Local Time 3:09 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 650 thousand for 50.0% stake (Native Currency: LKR 200,000,000)
Reason: The owner requires the investment for business expansion and undertaking large scale government proj... View More
Includes physical assets worth USD 130 thousand
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Business Name
Not disclosed
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Business Overview

- Our business specialises in geotechnical and engineering geological services to give sound technical advice which limits the cost of over-design & reduces the risk of structural failure.

- We have over 15 clients in both the private and government sectors. Our clients include NESA Builders, GHR Global, Access Engineering, CHINT Electric. We hold no explicit contract with any of these clients.

- Life of an average project is up to 3 months. Payment is collected throughout the tenure of the contract.

- Our business has received large scale government projects. We require this investment to expand our operation and execute these contracts.

Products & Services Overview

- Geotechnical investigation.

- Retention systems.

- Ground improvement: macintosh test & test-pit investigations.

- Grouting.

- Pile & tubewell construction.

- Soil nail.

Assets Overview

Physical assets include:

- 4 borehole drilling machine with other accessories.

- Grouting machine.

- 2 Pressure pumps.

- Tubewell.

- 15 perches of land in Colombo along with 50 perches of land in Sri Lanka.

-LKR 100 million ongoing projects.

Facilities Overview

We have a rented office in Colombo which is spread across 1,000 sq. ft.

Capitalization Overview
Not Disclosed
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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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