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Hotel for Sale in Kekirawa, Sri Lanka

For-Sale: Hotel with 10 AC rooms & 250 seating banquet hall.

Established 30-40 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales INR 50 - 60 lakh
Run Rate Sales INR 69 lakh
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Kekirawa
Local Time 10:13 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: INR 4.3 crore (Native Currency: LKR 150,000,000)
Reason: Owner is selling due to insufficient working capital.
Includes physical assets worth INR 4 crore
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Business Name
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Business Overview
- Hotel with restaurant facility.
Hotel.
- 10 air-conditioned rooms.
- 250 seating banquet hall.
- Peak seasons: May to August and November to March.
- Hotel rooms occupied per day: 4-5 rooms.
Restaurant.
- Seating capacity of restaurant: 48 pax.
- Average Order Value (AOV): LKR 1,000.
- Average daily customers: 100+
- Revenue split: 90% hotel, 10% restaurant.
- Possesses food and tourism licenses.
- Current employee count required because it is a service-focused business.
Products & Services Overview
Hotel with restaurant catering to local & foreign customers.
Assets Overview
Hotel land and building, furniture, fixtures and equipment.
Facilities Overview
The property spans an area of 95 perches and is owned by the company. Located on Kandy-Jaffna Road.
Capitalization Overview
- A single shareholder holding a 100% stake.
- Outstanding loans amounting to LKR 40 million.
Recent Activity
  • Earlier than 15 days
    Owner, Tbilisi, Commercial Real Estate Broker connected with the Business
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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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