Hotel for Sale in Colombo, Sri Lanka
For Sale: 168 room hotel in a prime property in Colombo spread over 0.44 acres.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 1.2 million |
| Run Rate Sales | USD 1.24 million |
| EBITDA Margin | 25 % |
| Industries | Hotels |
| Locations | Colombo |
| Local Time | 3:45 AM Asia / Colombo |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
15.5 million
(Native Currency: LKR 4,500,000,000)
Reason: Owners plan to sell the hotel to get funds for their group company.
Includes physical assets worth
USD
15.5 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Plan to sell a 168 room 4 star hotel which is situated on 0.44 acres of land.
- This land is on one of the prime beachfront properties in Colombo.
- The hotel is 12 storeys and consists of fully furnished bedrooms with luxury fixtures and fittings.
- It also has central air conditioning and all other facilities with 4 star class of hotels.
- The general area includes a gymnasium, swimming pool, health centre, sauna, restaurant, mini conference hall, pool, main bar, restaurant, coffee shop, pastry shop, travel & tours office.
- Also has a banquet hall on the rooftop which can cater to over 250 people and has panoramic views.
- Prior to the current global situation the average occupancy rate was around 70%. These numbers have seen a fall due to Covid situation. Numbers on the profile are pre Covid.
- This land is on one of the prime beachfront properties in Colombo.
- The hotel is 12 storeys and consists of fully furnished bedrooms with luxury fixtures and fittings.
- It also has central air conditioning and all other facilities with 4 star class of hotels.
- The general area includes a gymnasium, swimming pool, health centre, sauna, restaurant, mini conference hall, pool, main bar, restaurant, coffee shop, pastry shop, travel & tours office.
- Also has a banquet hall on the rooftop which can cater to over 250 people and has panoramic views.
- Prior to the current global situation the average occupancy rate was around 70%. These numbers have seen a fall due to Covid situation. Numbers on the profile are pre Covid.
Products & Services Overview
4 star luxury hotel on the beach front with 168 rooms.
Assets Overview
Land, building, furniture, furnishings, equipment and tools.
Facilities Overview
12 storey hotel built on owned land of 0.44 acres.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysCEO, Investment Management, Vietnam, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Hospitality, Bangalore, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysChairman, Agriculture, Colombo, Individual Investor / Buyer connected with the Business
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