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Resort 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 340 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 20 %
Industries Resorts + 1 more
Locations  Galle
Local Time 7:49 AM Asia / Colombo
Listed By Management Member
Status Moderately Active
Overall Rating
Seeking Loan
USD 400 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 400 thousand
Includes physical assets worth USD 400 thousand
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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.

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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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