Hotel Seeking Loan in Kurunegala, Sri Lanka
Boutique hotel and dining business seeks business loan for expansion and completion of construction.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 300 - 400 thousand |
| Run Rate Sales | USD 790 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Hotels |
| Locations | Kurunegala |
| Local Time | 7:01 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Seeking Loan
USD
130 thousand
for
15.0%
annual interest,
10
years
(Native Currency: LKR 40,000,000)
Reason: The owner is seeking a business loan to expand operations and complete the construction of the hotel...
View More
Collateral Available: USD 33 thousand
Includes physical assets worth
USD
410 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Plan
(1.2 MB)
Building
(489.1 KB)
Business Overview
- Located in Kurunegala, our business is a boutique hotel offering a unique blend of hospitality and dining experiences.
- We operate three reception halls specifically designed for wedding receptions, catering to up to 300 guests each, making us a prime choice for events in the region.
- Our boutique hotel features 10 well-furnished rooms that provide a comfortable stay for guests with a focus on personalized service and a cozy atmosphere.
- The restaurant on-site serves a variety of local and international cuisines, appealing to both hotel guests and local diners.
- In addition to hospitality and dining, our facility includes a 50-foot swimming pool, providing leisure and relaxation for our guests.
- Currently, we have an impressive occupancy rate for 7 of our available rooms, showcasing the demand for quality accommodations in Kurunegala.
- Our primary revenue streams come from room bookings, event hosting in reception halls, and restaurant sales, enabling a well-rounded business model within the hotels, food and beverage industry.
- We have experienced significant growth compared to last year, driven by enhanced marketing efforts and guest referrals.
- We operate three reception halls specifically designed for wedding receptions, catering to up to 300 guests each, making us a prime choice for events in the region.
- Our boutique hotel features 10 well-furnished rooms that provide a comfortable stay for guests with a focus on personalized service and a cozy atmosphere.
- The restaurant on-site serves a variety of local and international cuisines, appealing to both hotel guests and local diners.
- In addition to hospitality and dining, our facility includes a 50-foot swimming pool, providing leisure and relaxation for our guests.
- Currently, we have an impressive occupancy rate for 7 of our available rooms, showcasing the demand for quality accommodations in Kurunegala.
- Our primary revenue streams come from room bookings, event hosting in reception halls, and restaurant sales, enabling a well-rounded business model within the hotels, food and beverage industry.
- We have experienced significant growth compared to last year, driven by enhanced marketing efforts and guest referrals.
Products & Services Overview
The most popular services include accommodation and event hosting, both highly appreciated by guests.
Assets Overview
Tangible assets consist of the land and building, which include a 100-kW solar plant.The intangible asset is the business registration certificate.
Facilities Overview
The business operates in a one-floor building that includes 10 rooms, currently owned by the company.
Capitalization Overview
Single-owner business with no loans; fully funded by the owner.
Tags:
3 Star Hotel Seeking Loan in Kurunegala, Sri Lanka
·4 Star Hotel Seeking Loan in Kurunegala, Sri Lanka
·5 Star Hotel Seeking Loan in Kurunegala, Sri Lanka
·Lend to 3 Star Hotel in Kurunegala, Sri Lanka
·Lend to 4 Star Hotel in Kurunegala, Sri Lanka
·Lend to 5 Star Hotel in Kurunegala, Sri Lanka
·Hotel Seeking Loan in Kurunegala, Sri Lanka
·Motel Seeking Loan in Kurunegala, Sri Lanka
·Lodge Seeking Loan in Kurunegala, Sri Lanka
·Lend to Hotel in Kurunegala, Sri Lanka
·Lend to Motel in Kurunegala, Sri Lanka
·Lend to Lodge in Kurunegala, Sri Lanka
·3 Star Hotel Seeking Loan
·4 Star Hotel Seeking Loan
·5 Star Hotel Seeking Loan
·Lend to 3 Star Hotel
·Lend to 4 Star Hotel
·Lend to 5 Star Hotel
·Hotel Seeking Loan
·Motel Seeking Loan
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Investors viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ other businesses of all sizes.
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.
You might also be interested in these businesses