Need help?

Hotel for Sale in Kalpitiya, Sri Lanka

For Sale: Hotel with fully furnished chalets constructed on prime property located on the beach.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales INR 34 lakh
Run Rate Sales Nil
EBITDA Margin Nil
Industries Hotels
Locations  Kalpitiya
Local Time 7:31 PM Europe / London
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: INR 7.1 crore (Native Currency: LKR 250,000,000)
Reason: The current management is not able to operate the hotel at its full potential. The buyer can start o... View More
Includes physical assets worth INR 7.1 crore
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
- Luxury boutique hotel constructed on a land parcel of 1.5 acres.
- The hotel consists of 14 fully furnished chalets and 8 fully furnished standard rooms.
- All the furnishings and fixtures have been imported from the UK.
- We advertise and receive bookings through OTAs like Booking. com.
- Customers mostly pay upfront or through the OTAs.
- No sales recorded this month due to the countrywide lockdown. We usually earn an average of LKR 5 million per month.
- Buyer will get ownership of the hotel, land, building, all fixtures in the hotel.
- The hotel is situated in the North-western region of the Island and it is the best location to engage in dolphin and whale watching.
- The owner of the hotel is currently based in the United Kingdom.
Products & Services Overview
Fully furnished chalets and rooms, a restaurant that serves alcohol, nature tours, and boat tours.
Assets Overview
The 1.5 acres of land is worth LKR 150 million; the building, furniture, and fixtures have a combined value of LKR 100 million.
Facilities Overview
The 14 chalets and 8 standard rooms are constructed on owned land of 1.5 acres.
Capitalization Overview
Not Disclosed
Recent Activity
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.
Contact Business
2 Buyers already contacted this Business. 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.
You might also be interested in these businesses
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more