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Hotel Investment Opportunity in Hikkaduwa, Sri Lanka

3-star beach hotel with 60 rooms and a 400-seating rooftop banquet seeks investment.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 470 thousand
Run Rate Sales USD 470 thousand
EBITDA Margin 25 %
Industries Hotels
Locations  Hikkaduwa
Local Time 4:19 PM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 4.9 million for 60.0% stake (Native Currency: LKR 1,500,000,000)
Reason: To settle the bank loans.
Includes physical assets worth USD 8.2 million
Interested to connect with advisors
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Business Name
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Documents
Features
Business Overview
- Family-friendly beach hotel consisting of 1 acre on direct beachfront based in Hikkaduwa hotel stretch.
- Operating for 10 years with a full liquor license and tourist board approvals.
- The occupancy rate of the resort is 50-55% throughout the year.
- We have 60 rooms with balconies, air conditioners, solar hot water, a minibar, and many other in-room facilities such as bathtubs in the balconies in suite rooms and 2-bedroom apartments to suit larger families.
Products & Services Overview
Beach front hotel offers comfortable accommodations, food & beverages, and banquet services.
Assets Overview
Hotel with 60 rooms including all furniture and fixers.
Facilities Overview
1 acre beachfront property with 5 story building providing staff accommodation, water, electricity, generator & elevator.
Capitalization Overview
- The company has some outstanding bank loans of LKR 1.8 billion but all the assets are owned by the company.
- The company has one owner.
Recent Activity
  • Earlier than 15 days
    Director, Brussels, M&A Advisor connected with the Business
  • Earlier than 15 days
    Director, Mumbai, Financial Consultant connected with the Business
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Contact Business
2 Investors already contacted this Business. Register below to connect now!
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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