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Hotel for Sale in Aluthgama, Sri Lanka

Small 10-room hotel with restaurant, pool and garden for sale in Aluthgama, Sri Lanka.

Established 5-10 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Aluthgama
Local Time 9:52 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 415 thousand (Native Currency: EUR 350,000)
Reason: Owner has lost interest in running the business and wishes to exit.
Includes physical assets worth USD 415 thousand
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Business Overview
- This small hotel, located in the beautiful Aluthgama, Sri Lanka, features 10 cozy guest rooms ready to host tourists and travelers.
- Built 9 years ago, it boasts high-quality construction with excellent fittings, including German double-glazed windows and professional kitchen equipment.
- The hotel comes with an on-site restaurant, perfect for serving delicious meals to guests and locals alike.
- Guests can relax in the landscaped garden or take a dip in the 10 x 5 meter swimming pool.
- There’s also a separate staff house for convenience, making it easy to manage operations.
- Although the hotel is currently closed, it has great potential to be revived and attract guests once more.
- Rebuilding this property would cost over EUR 600,000, making it a solid investment opportunity in a popular tourist area.
- The hotel was created for those looking to enjoy the beauty of Aluthgama and its surroundings, making it a prime location for vacationers.
- Business has a land document in place.
Products & Services Overview
Used to provide accommodation with 10 guest rooms and on-site restaurant services, serving tourists and travellers visiting Aluthgama and the surrounding areas.
Assets Overview
Included assets comprise the land and hotel building with 10 guest rooms, restaurant area, landscaped garden, 10 x 5 meter swimming pool, separate staff house, furniture and fixtures, German double-glass windows, kitchen equipment, and other hotel-related fittings and installations. Land value is EUR 280K to 300K and the rest is building and amenities.
Facilities Overview
Hotel facility built 9 years ago on owned land, comprising 10 guest rooms, a restaurant, a landscaped garden, a 10 x 5 meter swimming pool, and an additional house for staff.
Capitalization Overview
Equity-funded by the owner with no outstanding bank loans or external debt. Ownership is effectively concentrated with the current owner.
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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10 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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