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Newly Established Foodservice Outlet Equity Stake For Sale in Bandaragama, Sri Lanka

Investment Opportunity: Family-run restaurant on a 407-perch tourism-suitable property seeking investment for destination development.

Established 0-1 year(s)
Employees 2 - 5
Legal Entity Other
Reported Sales Nil
Run Rate Sales USD 36.4 thousand
EBITDA Margin 10 %
Industries Foodservice Outlets
Locations  Bandaragama
Local Time 12:06 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 212 thousand for 40.0% stake (Native Currency: LKR 70,000,000)
Reason: The investment will be used to develop the existing 407-perch property into a larger tourism destina... View More
Includes physical assets worth USD 455 thousand
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Business Overview
• Newly established family-run restaurant and food & beverage business located in Raigama, Bandaragama, Sri Lanka, serving local customers and tourists visiting the area.
• The restaurant offers Chinese fried rice, kottu, grilled items, snacks, burgers, and fresh juices through dine-in and takeaway sales.
• Operates with approximately 20–30 seats and serves around 50 customers per day.
• The business operates on a self-funded basis with no outstanding loans.
• The property comprises approximately 407 perches of land located close to the Southern Expressway, providing potential for future tourism development.
• The site has scenic surroundings, with one boundary facing a paddy field and another facing a forest and rock area.
• The property is considered suitable for developing cabanas, a restaurant, and a sports complex, with potential to build a larger tourism-oriented destination.
• The owner has over 25 years of experience as a professional hotel chef, providing strong hospitality and culinary experience.
• The business holds a trade license and is currently operating from a small restaurant setup on the property.
Products & Services Overview
The restaurant serves Chinese fried rice, kottu, grilled items, snacks, burgers, and fresh juices to local customers and tourists, with approximately 50 customers per day.
Assets Overview
Tangible assets.

• 407-perch freehold land: Approx. LKR 120 million.

• Restaurant building, kitchen, dining area, and other site structures: Approx. LKR 20 million.

• Restaurant furniture, kitchen equipment, and appliances: Approx. LKR 10 million.
Facilities Overview
The business operates from a small restaurant setup located on approximately 407 perches of land in Raigama, Bandaragama, Sri Lanka, close to the Southern Expressway. The property has scenic surroundings, with one boundary facing a paddy field and another facing a forest and rock area.
The property is owned and self-funded, with no rental or lease obligations. The site is considered suitable for future development into cabanas, a larger restaurant, or a sports complex as part of a potential tourism destination.
Capitalization Overview
Business and land are self-funded by the owner using personal/family capital. There are no outstanding bank loans or external debts. Ownership is retained within the owner/family.
Recent Activity
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1 Investor contacted this Business this month. 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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