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Bed & Breakfast for Sale in Kuda Oya, Sri Lanka

Non-operational holiday bungalow in Kuda Oya with a good scope for expansion.

Established 1-5 year(s)
Employees < 2
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bed & Breakfasts
Locations  Kuda Oya
Local Time 6:56 AM Asia / Colombo
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 50 thousand (Native Currency: LKR 15,000,000)
Reason: Difficult to manage due to other commitments.
The selling price is negotiable.
Includes physical assets worth USD 40 thousand
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Business Overview
- Non-operational holiday bungalow located in Kuda Oya.
- The property is situated close to a wildlife sanctuary.
- Amenities available are 2 AC rooms with attached bathrooms, kitchen, and a 400 sq ft of open veranda.
- Additionally, there are 6 outdoor camping tents.
- Can accommodate a group of up to 10 people.
- Started operations just before corona epidemic and was operational for almost 8 months.
- Most of the occupants were tourists from different countries and also a few Sri Lankan families.
- Average duration of stay is 3 days.
- The business was generating LKR 300 to 400k per month during the operational period.
- Has an expansion capacity for constructing 4 chalets and 2 tree houses.
- Additionally, there is an agricultural land of 2 acres - close to the property, which can also be procured and utilized.
Products & Services Overview
Holiday bungalow with 2 AC rooms with attached bathrooms, kitchen and a 400 sq ft of open veranda and planned for 6 outdoor camping tents.
Most of the occupants were tourists from different countries and also a few Sri Lankan families.
Assets Overview
Physical assets include the property, interiors, furniture and other equipment.
Facilities Overview
Own property, situated on a land of 2 acres, located in Kuda Oya, Thanamalwila.
Built-up area of the bungalow is 900 sq ft.
The land extent is around 4 acres and has a paddy field of 1 acre. 2 acres could be utilized for organic agriculture. We already have a tube well and agricultural well.
Capitalization Overview
Single owner of the entire business and property.
No bank loans, debtors or any other commitments in the owner, business or property.
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.
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2 Buyers viewed this Business this week. Register below to connect now!
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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