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Real Estate Agency Investment Opportunity in Colombo, Sri Lanka

Real estate agency catering to Sri Lankan nationals with 1,000+ closed deals seeking investment.

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
Overall Rating
Partial Stake Sale
USD 34 thousand for 40.0% stake (Native Currency: LKR 10,000,000)
Reason: We are going to expand the business to more locations and acquire a new office space.
Interested to connect with advisors
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Business Overview

- 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.

Products & Services Overview

Sale and purchase of houses and apartment units for Sri Lankan nationals living in Europe and Canada.

Assets Overview

There are no physical assets in the business.

Facilities Overview

Operating the business from a rented space located centrally. Will acquire a new space for the business.

Capitalization Overview

- 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.

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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