Banquet Hall for Sale in Ja-Ela, Sri Lanka
Wedding and event hall in Ja-Ela, Sri Lanka, with strong financial performance and loyal clientele.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 390 thousand |
| Run Rate Sales | USD 390 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Banquet Halls |
| Locations | Ja-Ela |
| Local Time | 7:48 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
580 thousand
(Native Currency: LKR 180,000,000)
Reason: The owners want to focus on their other businesses and want to sell this one.
Includes physical assets worth
USD
580 thousand
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Located in Ja-Ela, Sri Lanka, our wedding and event hall is a well-established business known for its excellent performance in hosting a variety of events.
- We cater to approximately 15–20 events each month, making us a popular choice for weddings, family celebrations, and corporate functions.
- Our facility features three event halls: two spacious halls with a capacity of 250 guests each, and a smaller hall accommodating 150 guests.
- The property is equipped with modern dining facilities and commercial kitchens, ideal for serving high-quality meals.
- The property includes ample car parking, ensuring convenience for all attendees.
- Our business has all the valid operating permits, providing peace of mind for both us and our clients. No industry-specific licenses or certifications are required, simplifying the process for prospective buyers.
- We cater to approximately 15–20 events each month, making us a popular choice for weddings, family celebrations, and corporate functions.
- Our facility features three event halls: two spacious halls with a capacity of 250 guests each, and a smaller hall accommodating 150 guests.
- The property is equipped with modern dining facilities and commercial kitchens, ideal for serving high-quality meals.
- The property includes ample car parking, ensuring convenience for all attendees.
- Our business has all the valid operating permits, providing peace of mind for both us and our clients. No industry-specific licenses or certifications are required, simplifying the process for prospective buyers.
Products & Services Overview
- Top-selling are wedding bookings, which make up the majority of revenue.- Customers include couples planning weddings, families hosting celebrations, and organizations arranging corporate events.
Assets Overview
Physical assets include the building structure (~ LKR 100 million), decor & kitchen equipment (~ LKR 50 million), furniture and fixtures (~ LKR 30 million).
Facilities Overview
The land is leased from the government, while the building has been constructed by us. The lease has 12 years remaining and is renewable. The property totals 1 acre with a two-story building.
Capitalization Overview
Self-funded.No outstanding loans or liabilities.
There are 2 partners with 50-50 ownership.
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