Profitable Hotel for Sale in Negombo, Sri Lanka
Luxury apartment hotel close to the coastline with 80% occupancy rate during the peak season.
This transaction has concluded.
| Established | 10-20 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 100 thousand |
| Run Rate Sales | USD 112 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Hotels |
| Locations | Negombo |
| Local Time | 7:50 PM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
430 thousand
(Native Currency: LKR 130,000,000)
Reason: Spend time with the family and plan for the retirement.
Includes physical assets worth
USD
334 thousand
Interested to connect with advisors
Documents
Company Registration
(136.5 KB)
Business Overview
- It's a travel & leisure business having 16 apartments along with restaurants and a swimming pool.
- Our hotel is listed on several OTAs.
- In July and August season, most of our clients come from Middle East, The Netherlands and France.
- During December and January, most of our clients come from Scandinavian countries.
- We record 80% occupancy rate in the peak season.
- Director is from Belgium having over 4 years of experience in this sector.
- Our hotel is listed on several OTAs.
- In July and August season, most of our clients come from Middle East, The Netherlands and France.
- During December and January, most of our clients come from Scandinavian countries.
- We record 80% occupancy rate in the peak season.
- Director is from Belgium having over 4 years of experience in this sector.
Products & Services Overview
Serviced Apartments, Restaurant, Coffee Shop, Ayurveda Massage and Tour Operation.
Facilities Overview
Own property. 4 major building blocks, each contains 4 apartment spread across on a total of 1,250 square meters land.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Spices Trading, Indore, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Medical Nursing Home, London, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Development Executive, Travel And Service, Colombo, Corporate Investor / Buyer connected with the Business
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