Hotel for Sale in Polonnaruwa, Sri Lanka
For Sale: 10-room hotel with a land parcel of 160 perch near Polonnaruwa, Sri Lanka.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 30 - 40 thousand |
| Run Rate Sales | USD 35 thousand |
| EBITDA Margin | 40 % |
| Industries | Hotels + 1 more |
| Locations | Polonnaruwa |
| Local Time | 9:30 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
323 thousand
(Native Currency: LKR 100,000,000)
Reason: Migration with family.
Includes physical assets worth
USD
323 thousand
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Documents
Certificate of Incorporation
(704.7 KB)
Business Registration
(139.7 KB)
Business Overview
- Location is absolutely perfect in the middle of paddy fields. It's located in a very calm, relaxing, and nature-friendly place.
- Land is 160 perch, and has enough space for future developments and expansion of the hotel.
- We have good ratings on Booking, Expedia, Airbnb, and Google. (Rivonway Hotel)
- We receive more local guests at peak of tourism.
- Monthly we receive about 200 guests.
- Monthly revenue is LKR 900000.
- Land is 160 perch, and has enough space for future developments and expansion of the hotel.
- We have good ratings on Booking, Expedia, Airbnb, and Google. (Rivonway Hotel)
- We receive more local guests at peak of tourism.
- Monthly we receive about 200 guests.
- Monthly revenue is LKR 900000.
Products & Services Overview
10 rooms for guests to stay; We also provide food & beverages to our guests and for parties and weddings organized in our hotel.
Assets Overview
- 160 perch land.- Two-story building with 10 rooms.
- Restaurant.
- Office.
- Kitchen.
- Servant house.
The total value of the land, buildings, furniture and fixtures is LKR 120 million.
Facilities Overview
- Two-story building for rooms.- Ground floor with a 50 pax restaurant.
- Kitchen with all equipment.
- Located on the outskirts, 500m from the city.
The land and building are owned by the business.
Capitalization Overview
Sole proprietor business with no shareholders, and funded by a business loan. This selling price covers the loan, and the new owner can start without any debt/loans. Outstanding loan of LKR 25 million.
Recent Activity
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Earlier than 15 daysCEO, Travel Agency, Bengaluru, Individual Investor / Buyer connected with the Business
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