Luxury Hotel for Sale in Kandy, Sri Lanka
Well-established 92-room luxury hotel in Sri Lanka’s heritage hill capital offered for strategic sale.
| Established | 40-50 year(s) |
| Employees | 100 - 500 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 2 - 3 million |
| Run Rate Sales | USD 2.03 million |
| EBITDA Margin | 30 - 40 % |
| Industries | Luxury Hotels |
| Locations | Kandy |
| Local Time | 1:35 AM Asia / Colombo |
| Listed By | Advisor / Business Broker |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
15 million
(Native Currency: LKR 4,700,000,000)
Reason: The directors want to start another venture.
This is an advisor listed profile, and they will not b...
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Includes physical assets worth
USD
11.7 million
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Business Overview
- Luxury hotel located in the central hill capital of Sri Lanka, a designated World Heritage city.
- Positioned amidst scenic greenery and panoramic hill views with strong tourist footfall.
- Established hospitality property catering to domestic and international travellers.
- Current average occupancy rate is between 60% and 70%.
- Recently renovated approximately 3 years ago, ensuring updated interiors and facilities.
- Holds ISO certification, reflecting standardized operational and quality practices.
- Approved by the Sri Lanka Tourist Board.
- Operates in a high-demand tourism zone with consistent visitor inflow.
- Offered for full sale to investors seeking a premium hospitality asset in a prime heritage destination.
- Positioned amidst scenic greenery and panoramic hill views with strong tourist footfall.
- Established hospitality property catering to domestic and international travellers.
- Current average occupancy rate is between 60% and 70%.
- Recently renovated approximately 3 years ago, ensuring updated interiors and facilities.
- Holds ISO certification, reflecting standardized operational and quality practices.
- Approved by the Sri Lanka Tourist Board.
- Operates in a high-demand tourism zone with consistent visitor inflow.
- Offered for full sale to investors seeking a premium hospitality asset in a prime heritage destination.
Products & Services Overview
Luxury accommodation services for domestic and international tourists visiting Sri Lanka’s central hill capital.
Assets Overview
Tangible assets:- Land value: LKR 1.178 billion.
- Building value: LKR 2.482 billion.
- Swimming pool: LKR 27.5 million.
- Waste water management system: LKR 8.8 million.
Facilities Overview
2 acres of owned land with 104,618 sq ft built-up area (5 floors), featuring 92 rooms, a banquet hall with main ballroom and kitchen (capacity 700 pax), Asian fusion restaurant with back area (capacity 150 pax), 3 bars, Ayurvedha spa and salon (3 rooms), banquet lobby, and driveway. Also has a 120ft swimming pool.
Capitalization Overview
- Bank loans: LKR 600 million.- Has 6 directors.
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