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Auto Repair and Service Company Investment Opportunity in Colombo, Sri Lanka

Sri Lanka's largest vehicle repair and maintenance chain with 6 outlets seeks investment to expand.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Auto Repair and Service
Locations  Colombo
Local Time 6:39 PM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Partial Stake Sale
USD 253 thousand for 49.0% stake (Native Currency: LKR 75,000,000)
Reason: Looking to expand into the UAE or Qatar, the stake will be in the new company opened up abroad. We w... View More
Interested to connect with advisors
Business Overview
We have been operating in Sri Lanka for 20+ years. We have the largest share of the market in the country. The number of clients far exceeds 10,000. We have authorized garages with every insurance provider in the country. We have 6 outlets in Sri Lanka.
We are currently expanding our brand into UAE or Qatar. The investor will get a stake only in the new business in the UAE or Qatar and not the entire company.
The new business is not operational as of now.
Products & Services Overview
We undertake vehicle painting, denting, electrical repairs, mechanical repairs, detailing, oil changing, and washing.
Assets Overview
Intangible assets: Goodwill of the company.
Tangible assets: 15,000 sqft plot of land. A large stock of equipment; painting booths, vehicle lifters, etc. These assets are owned by the Sri Lankan branch and are not included in the transaction.
Facilities Overview
We operate 6 outlets in Sri Lanka, with 2 more openings this year. The outlets range from 20,000 sq ft - 36,000 sq ft. One plot is fully owned by us, the others have 15-year leases on them. In the UAE or Qatar, we are looking to lease a 10,000 sq ft warehouse.
Capitalization Overview
The business growth and operations are fully funded by retained profits, the business has no debt. The business is fully owned by the family and has 1 owner.
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This transaction has concluded. View similar business opportunities on SMERGERS
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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