Resort Seeking Loan in Habaraduwa, Sri Lanka
2-acre planned resort with 12 chalets and swimming pool seeks business loan to begin construction.
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 1 - 2 thousand |
| Run Rate Sales | USD 1.4 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Resorts |
| Locations | Habaraduwa |
| Local Time | 8:09 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
67 thousand
for
19.6%
annual interest,
15
years
(Native Currency: LKR 20,000,000)
Reason: Make 12 chalets and a swimming pool to develop it as an attractive site for tourists.
Collateral Available: USD 100 thousand
Includes physical assets worth
USD
100 thousand
Interested to connect with advisors
Name, Phone, Email
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Business Name
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User Verification
Business Overview
- Business with 2 acres of owned land cultivating and selling agricultural products.
- We want to use this land of 2 acres and construct 12 chalets and a swimming pool on it.
- We want to add value to this land and enter the hospitality industry.
- The construction can be completed within 2-3 months of receiving the funds.
- The chalets will be made from clay and wood.
- Founder has 2 years of experience in the tourism field and 6 years of experience in the field of administration.
- We want to use this land of 2 acres and construct 12 chalets and a swimming pool on it.
- We want to add value to this land and enter the hospitality industry.
- The construction can be completed within 2-3 months of receiving the funds.
- The chalets will be made from clay and wood.
- Founder has 2 years of experience in the tourism field and 6 years of experience in the field of administration.
Products & Services Overview
We have small-scale cultivation of agricultural products like King Coconut and are making some revenue from their sale.We want to develop private villas/chalets on this property and pivot to the hospitality industry.
Assets Overview
Tangible assets:- 2 acres of land valued at LKR 15 million per acre. (Total value of LKR 30 million).
The land is valued at LKR 30 million. However, we can keep LKR 20 million worth of land as collateral.
Facilities Overview
We have owned land of 2 acres in Habaraduwa. We want to construct 12 clay and wooden chalets on this owned land with 3-star level facilities including a swimming pool.
Capitalization Overview
- Only one director.- There are no debts or loans outstanding.
- Presently the business is funded by the owner.
Recent Activity
-
Earlier than 15 daysSenior Accountant, Finance, Basel, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Kolkata, Business Broker connected with the Business
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