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Hotel for Sale in Kandy, Sri Lanka

Beautifully located 7 room luxury holiday bungalow in a popular tourist destination in Kandy.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 10 - 20 thousand
Run Rate Sales USD 22.7 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Kandy
Local Time 8:45 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 250 thousand (Native Currency: LKR 72,000,000)
Reason: To fund the larger hotel constructing in Colombo.
Includes physical assets worth USD 244 thousand
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Business Overview
- A 7-room luxury bungalow located in Kandy, a popular tourist destination in Sri Lanka.
- The bungalow offers a range of accommodations including a luxury suite room, standard double rooms, and standard family rooms.
- Key attractions near the bungalow include the sacred Temple of the Tooth (4 km away), Peradeniya Botanical Garden (2 km away), and the International Airport (100 km away), offering convenient access to popular tourist sites and transportation hubs.
- In addition to accommodations, the business also operates a restaurant.
- This residence harmoniously combines luxurious living spaces with thoughtful amenities for a truly comfortable and indulgent lifestyle.
- Has additional space for expansion and incorporating a swimming pool.
Products & Services Overview
The residence boasts of 7 bedrooms, including luxury suite room, standard double rooms, and standard family rooms and a restaurant.
Catering to both International and Sri Lankan holiday makers.
Assets Overview
27 perches of land with a well-structured hotel building property and the fully furnished setup.
Facilities Overview
Own property - The bungalow consists of 3 floors - ground floor encompasses a spacious area of 1,448 sq. ft, while the upper floor offers 1,295 sq. ft, and 3rd floor of 1,306 sq. ft. resulting in a grand total floor area of 4,049 sq. ft. located in Kandy.
Capitalization Overview
Own by a private limited liability company.
No loans or pending debts.
Positive cash flows.
Operations funded by the company.
Recent Activity
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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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