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Newly Established Commercial Land Investment Opportunity in Colombo, Sri Lanka

Investment opportunity in Colombo commercial land for transit hotel project with 95 perches and LKR 250M value.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Commercial Land
Locations  Colombo
Local Time 2:02 PM Asia / Colombo
Listed By Management Member
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 1.66 million for 50.0% stake (Native Currency: LKR 500,000,000)
Reason: We are looking for this investment to construct a 100-room transit hotel on the land that we own.
Includes physical assets worth USD 830 thousand
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Business Overview
- Prime Location: The project will be situated in Colombo, a highly sought-after location for real estate and hospitality investments, offering access to both the airport and Colombo highway within a 15-minute drive.
- Ample Land Area: The project will boast a land area of 95 perches, providing substantial space for the development of an apartment complex or hotel, catering to the growing demand for accommodation in the area.
- Valuable Asset: With an estimated worth of LKR 250 million and no outstanding loans, this investment opportunity presents a valuable asset with the potential for significant returns.
- Strategic Potential: Given its proximity to key transportation hubs, the property is ideally suited for a hotel or transit hotel, tapping into the demand for convenient and accessible lodging options.
- Growth Prospects: The burgeoning tourism industry in Colombo and its surrounding areas presents strong growth prospects for hospitality ventures, making this project an attractive investment opportunity.
Products & Services Overview
We want to open a transit hotel or an apartment catering to the tourists as well as the locals.
Assets Overview
Tangible asset: The 95 perch land owned is worth LKR 250 million.
Facilities Overview
The owned land is of area 95 perch and is located in Colombo, Sri Lanka.
Capitalization Overview
The property does not have any loans and has 2 stakeholders.
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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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