Bed & Breakfast Equity Stake For Sale in Mawanella, Sri Lanka
The family-run boutique hotel catering to tourists, seeking investment to enhance their customer base.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 3.6 thousand |
| Run Rate Sales | USD 3.6 thousand |
| EBITDA Margin | 30 % |
| Industries | Bed & Breakfasts |
| Locations | Mawanella |
| Local Time | 9:49 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
12 thousand
for
45.0%
stake
(Native Currency: LKR 4,000,000)
Reason: The business requires investment to reactivate its operations and restore smooth operations.
The ow...
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Includes physical assets worth
USD
44.5 thousand
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Business Overview
- The business provides accommodation and food services to tourists, operating as a family-run enterprise where all six employees are members of the same family.
- Most of the tourists visiting the Pinnawala and Mawanella areas are from Europe, drawn by cultural events and tourist attractions.
- Despite recent economic crises, including the ISIS attack and the COVID-19 pandemic, operations resumed successfully six months ago.
- Currently manages three fully furnished boutique accommodations with natural-style attached bathrooms and hot water facilities.
- Some rooms feature living area and small kitchens, along with gardens, terraces, and dining areas.
- Two additional boutiques are under construction to expand capacity.
- Accommodation options include family rooms, triple bed rooms, and double bed rooms.
- During peak season (mid-July to March), each boutique can accommodate between 11 to 14 guests.
- Holds a restaurant license, allowing provision of dining services to guests.
- Most of the tourists visiting the Pinnawala and Mawanella areas are from Europe, drawn by cultural events and tourist attractions.
- Despite recent economic crises, including the ISIS attack and the COVID-19 pandemic, operations resumed successfully six months ago.
- Currently manages three fully furnished boutique accommodations with natural-style attached bathrooms and hot water facilities.
- Some rooms feature living area and small kitchens, along with gardens, terraces, and dining areas.
- Two additional boutiques are under construction to expand capacity.
- Accommodation options include family rooms, triple bed rooms, and double bed rooms.
- During peak season (mid-July to March), each boutique can accommodate between 11 to 14 guests.
- Holds a restaurant license, allowing provision of dining services to guests.
Products & Services Overview
The business services include hotel accommodations and traditional Sri Lankan cuisine, primarily enjoyed by European tourists visiting Pinnawala and Mawanella for cultural events and local attractions.
Assets Overview
Physical assets include property with 3 boutiques worth LKR 14 million, furnitures, wifi, kitchen equipments, a cycle a motor bike, TVs, electric equipment such as fans, kettle, hot water together worth LKR 800 thousand.
Facilities Overview
The business owns a property with three separate boutiques, each housing three rooms within a built-up area of 18 by 20 ft per room.
Capitalization Overview
- The business is currently funded through loans: a 1M loan from States Mortgage Bank in Kegalle and a 1M loan from Land Mortgage Bank in Mawanella with both ending in 1 and 1 1/2 years respectively with a remaining.- The business currently operates as a sole proprietorship.
Recent Activity
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