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Real Estate Construction Company Investment Opportunity in Colombo, Sri Lanka

Proposed surf and wellness tourism luxury resort in Sri Lanka seeking capital to begin development.
This transaction has concluded.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Real Estate Construction + 1 more
Locations  Colombo
Local Time 6:23 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
INR 1.26 crore for 44.0% stake (Native Currency: LKR 44,000,000)
Reason: Promoter has a background in real estate development and intends to diversify by entering the hospit... View More
Interested to connect with advisors
Business Overview
- Intend to build a high-end beachfront luxury resort spread across 650 sq. m.
- The resort will have 14 luxury suites and be equipped with an ayurvedic spa and facilities for surfing.
- The project has an estimated cost of LKR 90 million out of which the land alone will cost LKR 45 million and is yet to be acquired.
- The promoter runs a successful real estate development company and has completed several projects in UK and Sri Lanka.
- He has over 5 years of industry experience and has developed 6+projects in Sri Lanka alone including a smaller resort.
- The promoter will be investing LKR 45 million of his own capital and intends to raise the rest from an external investor.
- The construction of the resort will be done by the promoter's real estate development firm.
Products & Services Overview
Beachfront high-end luxury resort with surfing facilities and ayurvedic wellness services.
Facilities Overview
The resort will span across 650 sq. m. We have already identified the land and spoken with the owners. The cost of acquiring the land is LKR 45 million.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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