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Bakery for Sale in Wattala, Sri Lanka

Bakery business in owned facility, serving 400+ daily customers, full sale post‐renovation.

Established 20-30 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 110 thousand
Run Rate Sales USD 55 thousand
EBITDA Margin 0 - 10 %
Industries Bakeries
Locations  Wattala
Local Time 8:33 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 274 thousand (Native Currency: LKR 90,000,000)
Reason: The promoter is migrating.
Includes physical assets worth USD 274 thousand
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Business Overview
- Bakery business with 2 locations offering bread, burgers, submarine buns, koththu, pasta, rice, and desserts with both vegetarian and non-vegetarian options.
- The main facility is owned by the business and was temporarily closed for approximately one year for renovation.
- The facility has recently reopened, and current sales are lower as the business rebuilds its customer activity after the renovation period.
- The business serves more than 400 customers per day, indicating an established customer base and strong potential for sales recovery.
- The owned facility is operational again and positioned to rebuild its previous customer volume and revenue.
- The business holds a food license.
Products & Services Overview
Bread, burgers, submarine buns, koththu, pasta, rice, and desserts, serving local customers with both vegetarian and non-vegetarian preferences.
Assets Overview
Tangible assets:
- Land and property - LKR 70 million.
- Kitchen equipment and furniture - LKR 20 million.
Facilities Overview
Owned facility:
- Four‑floor building on 3.6 land perch, total built‑up area of 4,500 sq ft.
- Serving area - ground floor seating capacity: 17.
- First and second floors dedicated to production.
- Remaining floors utilized for accommodation and storage.

* Additional branch:
- Rented facility located 1 km away, operating successfully for 20 years.
- Prime location with strong visibility.
- Monthly rent: LKR 20,000.
- Focused on take‑away and drive‑through services.
Capitalization Overview
The business is debt‑free and recently transitioned into a sole proprietorship from a private limited structure.
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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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