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Profitable Construction Material Processing Company for Sale in Kuruwita, Sri Lanka

Sri Lanka-based minerals processor with 100+ customers, steady revenue, diversified industrial demand, and expansion capacity.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 320 thousand
EBITDA Margin 20 - 30 %
Industries Construction Material Processing
Locations  Kuruwita
Local Time 5:31 PM Asia / Colombo
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 330 thousand (Native Currency: LKR 100,000,000)
Reason: The promoter is migrating abroad. The company entity is not being offered in this transaction; the ... View More
Includes physical assets worth USD 330 thousand
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Business Overview
• Dolomite and calcite processing company producing a wide range of construction and industrial materials.
• Top-selling products: Tile adhesive, tile mortar, paint-related skim coat, calcite chips, and dolomite powder.
• Construction companies, contractors, and hardware suppliers use adhesives and mortars for tiling and masonry.
• Industrial demand:
– Paint industry: Fillers and whitening agents.
– Food industry: Calcium additives.
– Plastic & rubber: Strength enhancement and cost reduction.
– Agriculture: Soil conditioners and fertilizer inputs.
• Strong B2B client base of 100+ regular buyers, including leading construction firms, hardware suppliers, and manufacturers across Sri Lanka.
• Revenue model: Direct sales, long-term contracts, and repeat orders.
• Production: Currently operating at 3 MT/hour capacity, has a maximum capacity of 5 MT/hour.
• Promoter has 10+ years of industry experience in minerals processing and supply chain.
• LKR 125 million was invested in land, factory, machinery, and logistics, ensuring robust infrastructure.
• Holds environmental license; recognized for quality, reliability, and market diversification potential.
Products & Services Overview
Tile adhesives, mortars, and processed dolomite/calcite supplied to construction firms, hardware suppliers, and industrial buyers in paint, food, plastics, and agriculture sectors.
Assets Overview
The buyer would acquire a comprehensive portfolio of valuable assets. Tangible assets include the 5,000 sq. ft. fully operational factory building, on-site office space, labor accommodation, and a security room.
- The facility is equipped with essential infrastructure such as a 250 kVA transformer (upgradeable to 1,000 kVA), an independent well water source, and company-owned vehicles for logistics.
- Machinery and equipment, such as dolomite and calcite grinding machines, a calcite chip production machine, a loader, a forklift, and office furniture, are also part of the asset package. (LKR 65 million)
These assets are worth LKR 125 million and are being offered at a discounted price of LKR 100 million.
Intangible assets comprise the long-standing relationships with over 100 active clients, goodwill built through reliable service and product quality, a proven distribution network, and the strong market credibility developed through years of successful operations. Leased 165 perches of prime industrial land with an additional 80 perches for expansion, leased for 35 years.
Together, these tangible and intangible assets offer a buyer a ready-to-scale, revenue-generating business with robust future potential.
Facilities Overview
The facility is located on 165 perches of leased land within the Kuruwita Industrial Zone, with an additional 80 perches available for future expansion or storage. The built-up area consists of a 5,000 sq. ft. main factory building designed for mineral grinding and production operations, supported by a fully equipped office space, a security room, and on-site labour accommodation facilities. The premises are single-storied for ease of heavy equipment handling and movement, with ample open yard space for raw material storage and vehicle access.
The land is leased from the government, with 2 years rent-free operations. Afterwards, an annual fee of LKR 60,000 applies. The lease tenure is 35 years, extendable. The facility is strategically located near raw material sources, ensuring smooth and hassle-free operations.
Capitalization Overview
At present, the company is primarily funded through the promoters’ direct equity investment of over LKR 125 million, which has been utilized for land lease payments, factory construction, machinery, vehicles, and working capital. The company operates as a privately held business with 2 directors holding 90/10% stakes.
Bank borrowings are minimal, with only short-term working capital facilities taken when required, and no significant long-term debts or high-interest loans outstanding. This strong equity-based foundation ensures financial stability and provides potential investors with a clear ownership structure and confidence in the company’s debt-free, growth-ready profile.
The company entity is not being offered in this transaction.
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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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