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Hotel Management Company Seeking Loan in Colombo, Sri Lanka

Hotel management company in Sri Lanka seeks business loan for expansion.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 70 thousand
Run Rate Sales USD 72 thousand
EBITDA Margin 20 %
Industries Hotel Management
Locations  Colombo
Local Time 8:10 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 26.7 thousand for 13.0% annual interest, 5 years (Native Currency: LKR 8,000,000)
Reason: Seeks funds for business expansion.
Collateral Available: USD 1.67 thousand
Includes physical assets worth USD 1.67 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Business Overview
- Business providing solutions in hotel inventory management, hotel property management system to hotels in Sri Lanka.
- The business offers essential services such as hotel inventory management, hotel property management system solutions, and Online Travel Agent (OTA) management.
- Our main clientele consists of hotels, total of 22 establishments across Sri Lanka. Furthermore, we provide sales and marketing support to three hotels and serve as a revenue management partner for nineteen others.
- Business has obtained all required regulatory approvals and licenses, ensuring full compliance.
Products & Services Overview
- The company provides services such as hotel inventory management, hotel property management system solutions, sales and marketing services, handling of Online Travel Agents (OTAs) and technology support.
- Its main customer base primarily comprises hotels.
Assets Overview
The company owns physical assets like furniture, laptops, and various fixtures, fittings, and equipment (FF&E).
Facilities Overview
The office is situated in Kalubowila, Colombo and is rented for LKR 75,000 per month.
Capitalization Overview
- Self-owned.
- Self-funded.
- There are no loans or debts on 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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