Newly Established Serviced Apartment for Sale in Hikkaduwa, Sri Lanka
Partially built hotel apartment with 11 rooms, essential amenities in Hikkaduwa vibrant tourist area.
| Established | 0-1 year(s) |
| Employees | < 2 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels + 1 more |
| Locations | Hikkaduwa |
| Local Time | 1:38 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
500 thousand
(Native Currency: LKR 150,000,000)
Reason: The owner couldn't complete the construction as he had to relocate outside Australia. So, seeking a ...
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Includes physical assets worth
USD
500 thousand
Name, Phone, Email
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Business Name
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Business Overview
- Premium hotel apartments located in the vibrant Narigama area of Hikkaduwa, a popular tourist destination in Sri Lanka. Currently, it is under construction.
- Situated at an 18-minute walk from Narigama Beach, providing easy access to one of the area's main attractions.
- Features 11 comfortably furnished bedrooms suitable for tourists and travellers, enhancing the hospitality experience.
- Offers essential amenities including free WiFi, air conditioning, private bathrooms, and garden views from private balconies.
- Hotel facilities include a restaurant, bar, room service, and 24-hour front desk support, ensuring guest convenience and satisfaction.
- Currently, 2 floors of the planned 4-floor establishment are completed, with only 10% of construction activities finalized.
- Future construction plans include an open show kitchen, an open bar and a swimming pool, aimed at delivering a unique dining experience for guests.
- The property accommodates guests with both three-bedroom and two-bedroom apartment configurations, ideal for families or groups.
- Situated at an 18-minute walk from Narigama Beach, providing easy access to one of the area's main attractions.
- Features 11 comfortably furnished bedrooms suitable for tourists and travellers, enhancing the hospitality experience.
- Offers essential amenities including free WiFi, air conditioning, private bathrooms, and garden views from private balconies.
- Hotel facilities include a restaurant, bar, room service, and 24-hour front desk support, ensuring guest convenience and satisfaction.
- Currently, 2 floors of the planned 4-floor establishment are completed, with only 10% of construction activities finalized.
- Future construction plans include an open show kitchen, an open bar and a swimming pool, aimed at delivering a unique dining experience for guests.
- The property accommodates guests with both three-bedroom and two-bedroom apartment configurations, ideal for families or groups.
Products & Services Overview
Premium hotel apartments offering 11 furnished bedrooms with private balconies, garden views, free WiFi, air conditioning, and private bathrooms.Services: Restaurant, bar, room service, 24-hour front desk, and future amenities like an open show kitchen, open bar, and swimming pool.
Target clients: Tourists, travellers, families, and groups visiting the Hikkaduwa area, particularly those seeking premium lodging close to Narigama Beach.
Assets Overview
Physical assets include land & property which is about 70-80% and the rest is furniture, fixtures and electrical installations.
Facilities Overview
Own facility of 45 perches located in Narigama, Hikkaduwa.
Capitalization Overview
Self-funded.No loans or liabilities.
There is 1 owner, holding 100% shares in the business.
Recent Activity
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Earlier than 15 daysChief Accountant, Chain Of Hotels, Dubai, Individual Investor / Buyer connected with the Business
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