Profitable Hotel for Sale in Unawatuna, Sri Lanka
Well established & profitable beach front hotel located on the southern Sri Lankan coastline.
This transaction has concluded.
Premium Plan
| Established | 30-40 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 90 - 100 thousand |
| Run Rate Sales | USD 97 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Hotels |
| Locations | Unawatuna |
| Local Time | 12:24 AM Asia / Colombo |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
810 thousand
(Native Currency: LKR 250,000,000)
Reason: Promoters intend to retire due to old age.
Includes physical assets worth
USD
810 thousand
Interested to connect with advisors
Documents
Business Overview
- High-end beach front hotel on the Mihiripenna / Dalawella beach in Talpe, one of the most expensive property area at the south coast.
- The property has a luscious tropical garden with 4 one-bedroom ensuite cabanas facing the ocean and 2 buildings with 5 apartments of 1 and 2 ensuite bedrooms and balconies.
- In the center of the property there is an open bar directly facing the restaurant area.
- The restaurant has a fully equipped kitchen and a terrace dining area with a spectacular view.
- The hotel is one of a kind and has one of the few liquor / bar licenses available in the Southern Province.
- The hotel can accommodate 20 guests and has an average occupancy rate of 70%
- All rooms in the hotel are air-conditioned and equipped with TV, telephone lines and WiFi.
- The hotel has a 9.3 rating on booking. com, and is ranked in the top 5 spots among 220+ similar properties on Tripadvisor.
- Strong reputation built over the last years 25 years and has been owned and managed by the same German promoter team since inception.
- The hotel is 5 km south of Galle, 2 km south of Unawatuna, 100 km south of Colombo City.
- The property spans across 74 perch (1,850 sq. m. ), is freehold title and has a clear deed with all approvals in place including the Tourist Board approval.
- The physical assets owned by the business include land, construction, inventory, and hospitality and kitchen equipment.
- The acquirer will get the running business and all its assets including its website and online accounts.
- The property has a luscious tropical garden with 4 one-bedroom ensuite cabanas facing the ocean and 2 buildings with 5 apartments of 1 and 2 ensuite bedrooms and balconies.
- In the center of the property there is an open bar directly facing the restaurant area.
- The restaurant has a fully equipped kitchen and a terrace dining area with a spectacular view.
- The hotel is one of a kind and has one of the few liquor / bar licenses available in the Southern Province.
- The hotel can accommodate 20 guests and has an average occupancy rate of 70%
- All rooms in the hotel are air-conditioned and equipped with TV, telephone lines and WiFi.
- The hotel has a 9.3 rating on booking. com, and is ranked in the top 5 spots among 220+ similar properties on Tripadvisor.
- Strong reputation built over the last years 25 years and has been owned and managed by the same German promoter team since inception.
- The hotel is 5 km south of Galle, 2 km south of Unawatuna, 100 km south of Colombo City.
- The property spans across 74 perch (1,850 sq. m. ), is freehold title and has a clear deed with all approvals in place including the Tourist Board approval.
- The physical assets owned by the business include land, construction, inventory, and hospitality and kitchen equipment.
- The acquirer will get the running business and all its assets including its website and online accounts.
Products & Services Overview
Beach bungalows and apartments, garden and beach restaurant and bar. We host activities like swimming, snorkeling, and scuba diving.
Facilities Overview
> Total owned land area of 74 perches = 1,850 sqm. = 19,913 sqft.> Total building area: 844 sqm. = 9087 sqft.
> Tenure: Freehold.
> Nearest Town: Galle (5 km)
> Nearest Expressway Exit: Pinnaduwa (10 km)
> Nearest Airport: Colombo (CMB) (153)
> Beach House A.
- Ground Floor, 1 apartment with kitchen and attached bathroom and terrace aprx. 120 sqm.
- First Floor, 2 apartments with attached bathroom and terrace aprx. 60 sqm. each.
- Street Side, First Floor, Small staff house for max. 2 people with attached bathroom, aprx. 20 sqm.
- First Floor, Liquor Storage Room, aprx. 2.5 sqm.
- First Floor, Storage Room (Fridges, Deep Freezer, Beverages etc. ) aprx. 8 sqm.
- Water Tower and underground water storage, total capacity around 12,000 liters.
Beach House B:
- Ground Floor, office and reception, aprx. 25 sqm.
- Ground Floor, fully equipped kitchen, aprx. 40 sqm.
- Ground Floor, garden restaurant with bar, aprx. 90 sqm.
- First Floor, 1 apartment with attached bathroom, aprx. 25 sqm.
- First Floor, 1 apartment with attached bathroom, aprx. 40 sqm.
- First Floor, family apartments with two rooms, attached bathroom, and terrace, aprx. 60 sqm.
- Street Side, Ground Floor, 3 toilets and handwash area aprx. 25 sqm.
- Street Side, First Floor, Staff Room with attached bathroom, for max. 4 people, aprx. 25 sqm.
> Garden Area.
- 2 Garden cabanas with attached bathroom and terrace, aprx. 50 sqm.
- Open beach restaurant, aprx. 45 sqm.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysConsultant & VP, Hotels & Resorts (Hospitality), Ahmedabad, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Development Consultant, Agriculture, Colombo, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysCEO, Business Promotions, Ahmedabad, Corporate Investor / Buyer connected with the Business
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