Newly Established Care Home Seeking Loan in Colombo, Sri Lanka

Business looking to set up an elderly day-care center in Colombo, Sri Lanka.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Industries
Locations
Local Time
5:33 PM Sri Lanka
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Seeking Loan
USD 270 thousand for 10.0% annual interest, 5 years (Native Currency: LKR 50,000,000)
Reason: To construct the day-care center.
Collateral Available: USD 11 thousand
Includes physical assets worth USD 750 thousand
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview

- A business setting up a day care center for elderly citizens in Colombo, Sri Lanka.

- We have been in business since 2007 and import toys and sell it across Sri Lanka.

- Looking to setup a day care center under the same company, but this will be a different vertical.

- The day care center has not been constructed yet.

- The land is owned by the business and has an area of 1,000 Sq. Meters.

- The day care center is for elderly citizens who are left alone at home during the day when their children and grandchildren go to work / school. Our facility would allow elderly citizens to socialize and participate in various activities.

- Physical assets include value of land - located in a prime area in Colombo.

- After funding is received, we expect the construction to be completed within 6 months.

Products & Services Overview

Day-care center for elderly citizens, weekly activity schedule, mental & spiritual well-being activities, monthly outings.

Facilities Overview
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

Frequently
Asked
Questions

  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How can I be sure that the business profile will be active?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more