Luxury Hotel for Sale in Wadduwa, Sri Lanka
Luxury beachfront hotel, 45 minutes from Colombo, one hour from airport, offering exceptional expansion potential.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 120 thousand |
| Run Rate Sales | USD 120 thousand |
| EBITDA Margin | 40 % |
| Industries | Luxury Hotels |
| Locations | Wadduwa |
| Local Time | 8:20 PM Europe / London |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
2.4 million
(Native Currency: USD 2,350,000)
Reason: The directors have made a personal decision to step back from active operations and relocate from Sr...
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Includes physical assets worth
USD
2.4 million
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Documents
Memorandum
(5.4 MB)
Land & Building Valuation (Latest)
(8.4 MB)
Land Valuation (Last Year)
(2.9 MB)
Building Valuation (Last Year)
(6.2 MB)
Business Overview
- Located 45 minutes from Colombo and one hour from the international airport, this luxury boutique hotel in Wadduwa offers direct beachfront access in a private coastal setting with excellent transport connectivity.
- Comprising 2.7 acres of premium real estate, the hotel includes 9 bespoke suites designed for luxury and privacy, presenting an ideal investment opportunity in the thriving luxury hospitality sector.
- 100% of the owning entity is available for acquisition, presenting a strategic opportunity to enter or expand within Sri Lanka’s growing luxury hospitality sector.
- The hotel includes two commercial-grade kitchens and a well-regarded restaurant, catering to a discerning clientele.
- Spa facilities provide a range of treatments in a landscaped, tranquil environment, reinforcing the property’s appeal as a high-end coastal retreat.
- Operations are supported by a team of 10 staff and comprehensive back-of-house infrastructure, including staff quarters, laundry, storage, and administrative areas.
- The business benefits from BOI approval, an established brand, repeat guest base, and strong digital presence across web and social platforms.
- The hotel is offered with all furnishings, fixtures, and operational equipment required for ongoing operations. Select decorative or antique items may be negotiable, subject to final terms.
- Comprising 2.7 acres of premium real estate, the hotel includes 9 bespoke suites designed for luxury and privacy, presenting an ideal investment opportunity in the thriving luxury hospitality sector.
- 100% of the owning entity is available for acquisition, presenting a strategic opportunity to enter or expand within Sri Lanka’s growing luxury hospitality sector.
- The hotel includes two commercial-grade kitchens and a well-regarded restaurant, catering to a discerning clientele.
- Spa facilities provide a range of treatments in a landscaped, tranquil environment, reinforcing the property’s appeal as a high-end coastal retreat.
- Operations are supported by a team of 10 staff and comprehensive back-of-house infrastructure, including staff quarters, laundry, storage, and administrative areas.
- The business benefits from BOI approval, an established brand, repeat guest base, and strong digital presence across web and social platforms.
- The hotel is offered with all furnishings, fixtures, and operational equipment required for ongoing operations. Select decorative or antique items may be negotiable, subject to final terms.
Products & Services Overview
The hotel’s top-selling services are its nine luxury beachfront suites, primarily used by international and domestic guests seeking privacy, comfort, and personalised service. The on-site restaurant is well-regarded for its à la carte menu, and the spa offers curated wellness treatments in a peaceful, tropical setting. The property also hosts a small number of bespoke weddings each year, with significant potential to expand this offering due to the intimate setting and beachfront location.
Assets Overview
Tangible assets include freehold beachfront land and buildings, offered at USD 2.3 million.An independent valuation which was done this year indicates that the land and property have increased in value by approximately USD 700,000 over the past 12 months. This growth reflects the strong recovery of Sri Lanka’s tourism sector and rising investor interest in premium coastal real estate, highlighting the asset’s long-term potential.
Intangible assets include BOI (Board of Investment) approval, full regulatory compliance, and trade licences for alcohol and food service, enabling a smooth transfer to new ownership.
The 11,000 square metre estate includes 65 metres of direct beach frontage, well maintained tropical gardens, and built infrastructure with scope for further development.
Facilities Overview
The luxury hotel sits on 434 perches (approximately 11,000 square meters) of freehold beachfront land and offers premium amenities.
Capitalization Overview
The business is debt-free and jointly owned by two director's with equal ownership.
Recent Activity
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3 days agoChairman, Real Estate Developers, Mumbai, Corporate Investor / Buyer connected with the Business
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3 days, 1 hour agoOwner, Education, Chennai, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysIndividual Advisor, Gurgaon, Business Broker connected with the Business
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