Newly Established Hotel for Sale in Batticaloa, Sri Lanka
For sale: Newly established hotel with 20 rooms and 100-seat restaurant in prime Batticaloa location.
| Established | 0-1 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | USD 380 thousand |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Batticaloa |
| Local Time | 6:39 PM Asia / Colombo |
| Listed By | Advisor / Business Broker |
| Status | Active |
Full Sale
Asking Price:
USD
1 million
(Native Currency: LKR 300,000,000)
Reason: The owner is relocating abroad. The listing is managed by a broker who will charge the investor a 3%...
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Includes physical assets worth
USD
1 million
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Business Name
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User Verification
Documents
Business Registration Certificate
(199.0 KB)
Business Overview
- The hotel has 20 rooms and a restaurant with a 100-seat capacity.
- The restaurant serves both vegetarian and non-vegetarian continental cuisine.
- The hotel has a 75% occupancy rate and most of our revenue comes from room bookings.
- The business started operations four months ago, so there is no previous year's revenue to report.
- The hotel employs seven permanent staff who ensure smooth day-to-day operations.
- It is a sole proprietorship with registration and possesses both an environmental license and a hotel operating permit.
- The restaurant serves both vegetarian and non-vegetarian continental cuisine.
- The hotel has a 75% occupancy rate and most of our revenue comes from room bookings.
- The business started operations four months ago, so there is no previous year's revenue to report.
- The hotel employs seven permanent staff who ensure smooth day-to-day operations.
- It is a sole proprietorship with registration and possesses both an environmental license and a hotel operating permit.
Products & Services Overview
The hotel features guest rooms and a fully equipped restaurant, serving both tourists and visitors for lodging and dining.
Assets Overview
Tangible assets:- Own land and building.
- Furniture and fixtures.
- Electric equipment.
Intangible assets:
- Business registration.
- Environment license.
- Hotel operating permit.
- Client base.
Facilities Overview
- The hotel is situated on owned land and building.- The land spans 20 perches (5,445 sq ft. ) and the hotel is built across three floors.
- The property includes 20 well-furnished guest rooms, a fully equipped restaurant, a conference hall, a parking area, and a reception.
Capitalization Overview
The business is funded by the sole proprietor and has no outstanding loans.
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