Hotel for Sale in Welimada, Sri Lanka
For Sale: Spacious 8-room hotel with banquet hall and an extended property of 468 perches.
| Established | 5-10 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 66 thousand |
| Run Rate Sales | USD 67 thousand |
| EBITDA Margin | 10 % |
| Industries | Hotels |
| Locations | Welimada |
| Local Time | 9:01 AM Asia / Colombo |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
980 thousand
(Native Currency: LKR 300,000,000)
Reason: The owner is looking to retire and the successors are migrating.
Includes physical assets worth
USD
980 thousand
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Business Overview
- Running hotel business on owned land of 8 perches.
- The hotel has 8 extremely spacious rooms, a big lobby, and an attached banquet hall for events.
- We receive a lot of guests in season and end up earning about LKR 20 million in annual revenue.
- The buyer gets the entire hotel building, banquet hall, fixtures and furniture, and owned land of 468 perches. parking slot.
- The hotel has 8 extremely spacious rooms, a big lobby, and an attached banquet hall for events.
- We receive a lot of guests in season and end up earning about LKR 20 million in annual revenue.
- The buyer gets the entire hotel building, banquet hall, fixtures and furniture, and owned land of 468 perches. parking slot.
Products & Services Overview
Banquet hall for functions like weddings and birthdays; hotel rooms for tourists and event guests.
Assets Overview
Tangible assets - 468 perches of land where 1 perch of land is worth almost 200,000, this makes the land worth LKR 90 million. The hotel and the banquet hall along with all its fixtures, furniture, and generators are valued at about LKR 210 million.
Facilities Overview
8-room hotel with a banquet hall built on owned land of 468 perches.The hotel and land are located 7 km North of Welimada in the southern part of the town of Ambagasdowa.
Capitalization Overview
- The entire business and property is owned by one individual.- The business has an outstanding loan of LKR 30 million.
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