Need help?

Profitable Hotel for Sale in Trincomalee, Sri Lanka

For Sale: Tourist board registered 'A' grade guest house with an FL7 & FL8 license.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 47 thousand
Run Rate Sales USD 50 thousand
EBITDA Margin 38 %
Industries Hotels
Locations  Trincomalee
Local Time 3:08 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 800 thousand (Native Currency: LKR 285,000,000)
Reason: Owner is migrating to a different location.
Includes physical assets worth USD 800 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Hotel business located in Trincomalee, Sri Lanka, spread over 2 acres, providing hotel accommodation. Also, has a restaurant, guest house, parking facilities & a banquet hall in the hotel.

- Hotel has 15 luxury rooms and 16 budget rooms, a restaurant, and a banquet hall that can accommodate 250 guests.

- Located on the Trincomalee Colombo highway, it has a very prominent location - 3 km to Trincomalee town, 8km from marble beach, 6 km away from the Chainabay airport, and just 4.5km from the Chainabay harbour.

- Occupancy rate is more than 78% throughout the year.

- On average, we receive more than 1,000 bookings in a year.

- We have a license for the guest house and FL7 & FL8 license for liquor.

- We can serve liquor from 10 am to 12 midnight.

- Promoter has more than 20 years of experience in this business.

Products & Services Overview

We have room facilities, restaurant, Wedding, Conference, bar and parking facility.

Assets Overview

Physical assets include the land of 247 perches, the guest house building with furniture. The combined value of the land and building is about LKR 285 million. The building is almost 18 years old.

Intangible assets include brand name and goodwill.

Facilities Overview

Owned hotel with 15 luxury rooms, 16 budget rooms, banquet hall with 250 seats.

The guest house has been constructed on a land of 247 perches.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

1 Buyer already contacted this Business.
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more