Profitable Hotel for Sale in Trincomalee, Sri Lanka

Hotel business with an average occupancy rate of 78% and also has FL7 & FL8 license.

Established From
Employees
Legal Entity
Reported Sales
Run Rate Sales
USD 170 thousand
EBITDA Margin
38 %
Industries
Local Time
8:27 PM Colombo
Listed By
Business Owner / Director
Status
Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.7 million (Native Currency: LKR 300,000,000)
Reason: Owner is migrating to a different location.
Includes physical assets worth USD 1.7 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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 20 luxury rooms and 20 budget rooms, restaurant & a banquet hall which can accommodate 250 guests.

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

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

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

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

- 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.

Facilities Overview
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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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