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Residential Real Estate Construction Company Seeking Loan in Colombo, Sri Lanka

Property management and construction company seeks loan to construct a customer-centric apartment.

Established 1-5 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 9 thousand
Run Rate Sales USD 20 thousand
EBITDA Margin 24 %
Industries Residential Real Estate Construction
Locations  Colombo
Local Time 8:41 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 67 thousand for 35.0% annual interest, 5 years (Native Currency: LKR 20,000,000)
Reason: We are seeking a loan to build an apartment and finalize the land.
Collateral Available: USD 0
Interested to connect with advisors
Name, Phone, Email
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Business Name
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Documents
Business Overview
We have identified that the market for building construction is really high in Colombo, and there are a limited number of companies concentrating on the well-being of the customers.
- The company was involved in property management during the crisis. We mainly used to manage agricultural properties.
- We have completed 10+ agricultural projects and we generate revenue by charging consultation and management fees.
- Our residential houses in the apartments will include vertical gardens and herbal gardens in each on each floor. 60% of open space in each apartment.
- The houses in the apartment will be constructed according to the old traditional Vedic science.
- The vendors for the construction of the building have already been arranged.
Products & Services Overview
The company provides services of property management, development, and construction company.
Assets Overview
Our idea.
Our team.
Our construction plan.
Facilities Overview
We are operating from a rented office in the Colombo 06 district and the rent for our office is LKR 80k.
Capitalization Overview
Our personal funds are utilized as the working capital for the organization. No debt or loan apart from equity from shareholders. Since we are a start-up we are looking for project investors to hit the supply to meet the demand.
There are 3 shareholders in the business.
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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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