Hotel for Sale in Negombo, Sri Lanka

Luxury apartment hotel close to the coastline with 80% occupancy rate during the peak season.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 150 thousand
Run Rate Sales USD 170 thousand
EBITDA Margin 30 - 40 %
Industries Hotels
Locations  Negombo
Local Time 5:27 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 700 thousand (Native Currency: LKR 130,000,000)
Reason: Spend time with the family and plan for the retirement.
Includes physical assets worth USD 500 thousand
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Business Overview

- It's a travel & leisure business having 16 apartments along with restaurants and a swimming pool.

- Our hotel is listed on several OTAs.

- In July and August season, most of our clients come from Middle East, The Netherlands and France.

- During December and January, most of our clients come from Scandinavian countries.

- We record 80% occupancy rate in the peak season.

- Director is from Belgium having over 4 years of experience in this sector.

Products & Services Overview

Serviced Apartments, Restaurant, Coffee Shop, Ayurveda Massage and Tour Operation.

Facilities Overview

Own property. 4 major building blocks, each contains 4 apartment spread across on a total of 1,250 square meters land.

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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