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Electrical Services Company Investment Opportunity in Colombo, Sri Lanka

Supply, installation, services, and maintenance of audiovisual systems for any kind of commercial building.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 200 - 300 thousand
Run Rate Sales USD 100 thousand
EBITDA Margin 30 - 40 %
Industries Contractors + 1 more
Locations  Colombo
Local Time 1:13 PM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 54 thousand for 30.0% stake (Native Currency: LKR 16,000,000)
Reason: Looking to expand overseas. The first thing we need to do is to introduce ourselves to the hotel ind... View More
Includes physical assets worth USD 3.4 thousand
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Business Overview

- Design, build, and maintain audio systems for commercial spaces.

- Our experienced staff cooperates and works with clients ICC, Sanken, Metropolitan, SLT, and a few other major construction companies.

- Also worked with CEB Rathmalana, the National Water Board, the University of Ruhuna, and the Rajarata University of Sri Lanka.

- We are a government-registered engineering firm in the ELV category.

- Unique contracts with each client with different payment terms. Usually, we take an advance and have invoice-based payments.

- The founder of the company has experience in the design and installation of the audio-visual system since 1996.

- The sales have not dropped we have LKR 20 million in receivables and due to different payment terms the monthly income of the business fluctuates.

Products & Services Overview

PA/BGM systems, pro audio, stage lighting, stage curtain, and auditorium chairs. We undertake auditorium projects surrounding sound and building PA system projects. Also install stage curtains, stage lighting, and seating and carry out maintenance of the systems as well.

Assets Overview

Tangible assets include a motorbike, furniture, laptops, a photocopy machine, a fax machine, and a printer.

Facilities Overview

Two-story building with 1,500 sq. ft. space with office furniture.

Owned office and showroom with all facilities.

Capitalization Overview

- 20M debts to collect there is 6M OD at NDB.

- There are 2 equal shareholders in the company.

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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