Hotel for Sale in Balapitiya, Sri Lanka
For Sale: Temporarily non-operational 16 room super luxury boutique hotel in Balapitiya.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 240 thousand |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Balapitiya |
| Local Time | 6:19 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
2.5 million
(Native Currency: LKR 750,000,000)
Reason: We are a group of companies and mainly involved in tea exporting business. Decided to sell the hotel...
View More
Includes physical assets worth
USD
3 million
Interested to connect with advisors
Documents
Hotel Presentation
(5.5 MB)
Valuation Report
(38.6 MB)
Business Overview
- Best boutique hotel in south shore of Sri Lanka.
- The hotel has 16 rooms, each with two floors and paddle pools.
- Business was on a high level of growth since it was established 5 years ago.
- Last year the occupancy rate was 65%.
- Recent ROI was 30%.
- Hotel is registered on multiple online booking portals.
- Due to the recent bomb blast in Sri Lanka, sales were reduced, and we temporarily stopped operations due to Covid.
- Physical assets include land, building, furniture and everything else related to the business.
Products & Services Overview
Hotel for guests that includes 16 high-level rooms, each with two floors and paddle pools.
Facilities Overview
Owned 1-acre land with 42,000 sq ft built-up area, located between Galle Main Road and seashore.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Investment House, Dubai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Resort And Water Park And Shipping, Mumbai, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysChairman, Agriculture, Colombo, Individual Investor / Buyer connected with the Business
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