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

Construction company that is known for swimming pool constructions, seeks loan to build a villa.

Established 10-20 year(s)
Employees 100 - 500
Legal Entity Private Limited Company
Reported Sales USD 234 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 20 %
Industries Resorts + 1 more
Locations  Galle
Local Time 3:13 AM Asia / Colombo
Listed By Management Member
Status Active
Overall Rating
Seeking Loan
USD 270 thousand for 12.0% annual interest, 5 years (Native Currency: LKR 80,000,000)
Reason: Seeking a loan to build a proposed villa project in Sri Lanka.
Collateral Available: USD 270 thousand
Includes physical assets worth USD 270 thousand
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Business Name
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Business Overview
- Well established construction company, that has completed the construction of boutique hotels, villas, swimming pool projects.
- Till date, our company has completed 40 projects and have an established relationship with over 100 clients in Sri Lanka.
- We are seeking a loan to construct a villa in Galle, Sri Lanka on a proposed land of one acre that will include us building 10 cabanas, a restaurant with kitchen, a swimming pool, staff quarters, and car parking area.
- Each cabana will include a room, a washroom and a balcony.
- We have received all the necessary authorization to start the construction of the project. The construction duration is 12 months to 18 months.
- The location is very enchanting and is a popular destination for tourists.
- The promoter has over 10 years of working experience in this industry.
- The business has offered expected service for the clients and has also received 4 awards.
Products & Services Overview
Well established construction company, that has completed construction of boutique hotels, villas, swimming pool projects.
Assets Overview
1 acre land and all the construction equipment, materials and tools.
Facilities Overview
One acre of land area that will have 10 cabanas. The land is owned by the business.
Capitalization Overview
Not Disclosed
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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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