Newly Established Resort Equity Stake For Sale in Colombo, Sri Lanka
Pre-revenue resort hotel project in Sri Lanka offering waterfront hospitality and sale-and-lease-back units, seeks investment.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Colombo |
| Local Time | 12:56 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
500 thousand
for
20.0%
stake
(Native Currency: USD 500,000)
Reason: Seeking equity investment to fund the development, construction, and future operation of the resort ...
View More
Includes physical assets worth
USD
2.5 million
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- We’re launching an exciting resort hotel project just south of Colombo, Sri Lanka, which is currently in the planning stage and pre-revenue.
- Already secured a prime 26-acre piece of land next to the largest water body in the country, boasting approximately 600 meters of waterfront, with the land ownership documents in place.
- The location offers access to the Indian Ocean by boat, with the river approximately 180 meters wide, providing a unique waterfront setting.
- It’s approximately an hour’s drive from the airport via the highway, offering convenient access for tourists.
- We’ve already obtained the primary building approvals, with final approval pending completion of the project design.
- The project will be developed in phases over 5 years, with the first phase expected to be completed in 3 years.
- We aim to start selling units in approximately 18 months under a sale-and-lease-back model.
- Projecting gross revenue of around USD 43 million, with an EBITDA margin of approximately 39%.
- Already secured a prime 26-acre piece of land next to the largest water body in the country, boasting approximately 600 meters of waterfront, with the land ownership documents in place.
- The location offers access to the Indian Ocean by boat, with the river approximately 180 meters wide, providing a unique waterfront setting.
- It’s approximately an hour’s drive from the airport via the highway, offering convenient access for tourists.
- We’ve already obtained the primary building approvals, with final approval pending completion of the project design.
- The project will be developed in phases over 5 years, with the first phase expected to be completed in 3 years.
- We aim to start selling units in approximately 18 months under a sale-and-lease-back model.
- Projecting gross revenue of around USD 43 million, with an EBITDA margin of approximately 39%.
Products & Services Overview
- The project will involve the development and future operation of a resort hotel offering accommodation, hospitality, leisure, and recreational services.- The resort will serve tourists, leisure travelers, families, and other guests seeking a waterfront holiday experience.
- Under the planned sale-and-lease-back model, resort units will also be sold to investors, who can benefit from the units being operated as part of the resort.
Assets Overview
Tangible assets include approximately 26 acres of owned land, investor will be given stake in the land. Intangible assets include project approvals obtained to date and the planned resort concept and designs, which are currently in progress.
Facilities Overview
The proposed resort will be developed on approximately 26 acres of owned land adjacent to Sri Lanka’s largest water body, offering around 600 meters of waterfront along a river approximately 180 meters wide, with boat access to the Indian Ocean. The property is located south of Colombo and is approximately a one-hour drive from the airport via the highway.
Capitalization Overview
The project is currently self-funded by the promoters, with no outstanding loans. There is one primary owner/director of the land and project.
Tags:
Newly Established Resort Investment Opportunity in Colombo, Sri Lanka
·Newly Established Resort Equity Stake For Sale in Colombo, Sri Lanka
·Invest in Newly Established Resort in Colombo, Sri Lanka
·Newly Established Resort Investment Opportunity
·Investment Opportunity in Colombo, Sri Lanka
·Invest in Newly Established Resort
·Invest in Colombo, Sri Lanka
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
18 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 72,000+ other businesses of all sizes.
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