Resort Investment Opportunity in Colombo, Sri Lanka

Proposed surf and wellness tourism luxury resort in Sri Lanka seeking capital to begin development.
This Business is on a Premium Plan
Established
Employees
Legal Entity
Reported Sales
Run Rate Sales Nil
EBITDA Margin Nil
Industries Real Estate Construction + 1 more
Locations  Colombo
Local Time 4:09 PM Sri Lanka
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 240 thousand 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
Name, Phone, Email
Not disclosed
Business Name
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User Verification
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
Recent Activity
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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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