Banquet Hall for Sale in Negombo, Sri Lanka
Lagoon view property with 8 guest house rooms & banquet hall with 250 pax capacity.
| Established | 20-30 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 160 thousand |
| Run Rate Sales | USD 240 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels + 1 more |
| Locations | Negombo |
| Local Time | 2:34 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
996 thousand
(Native Currency: USD 996,000)
Reason: The owner has other properties to take care of.
Includes physical assets worth
USD
996 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Plan to sell a lagoon view property with a well-ranked guest house & and a banquet hall which is situated on 1.12 acres of land with almost a 100 m breadth of view.
- This land is on one of the prime properties in Negombo.
- The hotel consists of fully furnished 9 bedrooms with air conditioning & running hot water.
- It also has a banquet hall, is fully air-conditioned and equipped holds a capacity of 250 pax with a large open car park.
- Property owners have their private villa with newly built 3 rooms and are able to build more floors.
- In-house natural fish breeding pond for tilapia with infrastructure to build an infinity swimming pool.
- The property is 15 min drive from the Colombo international airport, and 10 min to the Negombo city center perfectly situated in Negombo with all means of transport within walking distance but still holds the beauty of the lagoon and serenity.
- Prior to the current global situation the average occupancy rate was around 70% around the year season and off-season on average and we are rapidly growing up again in business.
- This land is on one of the prime properties in Negombo.
- The hotel consists of fully furnished 9 bedrooms with air conditioning & running hot water.
- It also has a banquet hall, is fully air-conditioned and equipped holds a capacity of 250 pax with a large open car park.
- Property owners have their private villa with newly built 3 rooms and are able to build more floors.
- In-house natural fish breeding pond for tilapia with infrastructure to build an infinity swimming pool.
- The property is 15 min drive from the Colombo international airport, and 10 min to the Negombo city center perfectly situated in Negombo with all means of transport within walking distance but still holds the beauty of the lagoon and serenity.
- Prior to the current global situation the average occupancy rate was around 70% around the year season and off-season on average and we are rapidly growing up again in business.
Products & Services Overview
Accommodation short and long stays for tourists, transistors, and locals guest.Events: weddings cooperative functions & family events hosting & catering.
Assets Overview
Assets included land and property with an area of 48,800 square feet with all equipment, furniture, and entitles to the business.
Facilities Overview
48,800 square feet of land with a lagoon view, with 9 rooms, and banquet hall kitchen and stores, and a villa with 3 rooms. The land and property are owned and are included in the transaction.
Capitalization Overview
- Sole proprietor business.- No debts or liabilities.
- Loan paid & can be re-taken fast.
- Clear deeds and titles.
Recent Activity
-
Earlier than 15 daysPartner, Business Consultancy, Dubai, Corporate Investor / Buyer connected with the Business
Tags:
Profitable Convention Center for Sale in Negombo, Sri Lanka
·Purchase Profitable Convention Center in Negombo, Sri Lanka
·Profitable Kalyana Mandapam for Sale in Negombo, Sri Lanka
·Purchase Profitable Kalyana Mandapam in Negombo, Sri Lanka
·Profitable Marriage Hall for Sale in Negombo, Sri Lanka
·Profitable Wedding Venue for Sale in Negombo, Sri Lanka
·Purchase Profitable Marriage Hall in Negombo, Sri Lanka
·Purchase Profitable Wedding Venue in Negombo, Sri Lanka
·Profitable Banquet Hall for Sale in Negombo, Sri Lanka
·Profitable 3 Star Hotel for Sale in Negombo, Sri Lanka
·Profitable 4 Star Hotel for Sale in Negombo, Sri Lanka
·Profitable 5 Star Hotel for Sale in Negombo, Sri Lanka
·Buy Profitable Convention Center in Negombo, Sri Lanka
·Purchase Profitable Banquet Hall in Negombo, Sri Lanka
·Purchase Profitable 3 Star Hotel in Negombo, Sri Lanka
·Purchase Profitable 4 Star Hotel in Negombo, Sri Lanka
·Purchase Profitable 5 Star Hotel in Negombo, Sri Lanka
·Buy Profitable Kalyana Mandapam in Negombo, Sri Lanka
·Buy Profitable Marriage Hall in Negombo, Sri Lanka
·Buy Profitable Wedding Venue in Negombo, Sri Lanka
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 116,500+ other businesses of all sizes.
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.
You might also be interested in these businesses