Real Estate Agency Investment Opportunity in Colombo, Sri Lanka
Established | 5-10 year(s) |
Employees | 2 - 5 |
Legal Entity | Private Limited Company |
Reported Sales | USD 1 million |
Run Rate Sales | USD 1 million |
EBITDA Margin | 3 % |
Industries | Real Estate Agencies |
Locations | Colombo |
Local Time | 6:47 PM Asia / Colombo |
Listed By | Business Owner / Director |
Status | Active |
- We are a real estate agency catering to Sri Lankan nationals living in Europe and Canada.
- Have 300 properties listed with us on the platform.
- All the properties listed are located in Sri Lanka.
- Have tied up with Lankasri Media Network to promote our services to over 22 million users.
- The tie-up helps us receive 150-200 calls daily from Europe regarding the sale and purchase of properties.
- We also provide construction consultancy services but it is a very small part of our operations.
- We have been in operation for 10 years but registered as a private limited entity 6 years ago.
- Have closed 1,000 deals since inception.
- We charge 3% of the total property value as our commission.
- We plan to charge people for listing properties on the platform and for inbound call services.
- We have 3 full-time employees and 5+ temporary employees.
- Have a business registration certificate.
Sale and purchase of houses and apartment units for Sri Lankan nationals living in Europe and Canada.
There are no physical assets in the business.
Operating the business from a rented space located centrally. Will acquire a new space for the business.
- The business has 3 partners with equal shareholding.
- Business does not have any ongoing loans or any liabilities.
- The business is funded by the partners.
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3 days, 16 hours agoSenior Accountant, Finance, Basel, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysPresident, Residential Apartment Services, Tokyo, Individual Investor / Buyer connected with the Business