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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 5-10 year(s)
Employees 50 - 100
Legal Entity Private Limited Company
Reported Sales USD 440 thousand
Run Rate Sales USD 440 thousand
EBITDA Margin 25 %
Industries Hotels
Locations  Hikkaduwa
Local Time 8:53 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 4.6 million for 60.0% stake (Native Currency: LKR 1,500,000,000)
Reason: To settle the bank loans.
Includes physical assets worth USD 8 million
Interested to connect with advisors
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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, Mumbai, Financial Consultant 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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