Resort for Sale in Southern Province, Sri Lanka

Location:

Superb hotel investment opportunity in Sri Lanka with pristine beachfront access. The resort location is ideal, with easy access to national parks & various tourist sites.

- Famous Yala Park and Bundala Park are less than 30 minutes drive.

Religious sites eg. Katharagama & Sithulpuwa are within 1 hour.

- Hambantota Airport, port & express highway is within 50 minute drive.

Activities:

The hotel is located on an undisturbed beach where a range of activities can be done, including:

- Safari Tours to National Parks.

- Fishing.

- Diving (experienced divers)

- Beach Leisure.

- Cycling.

- Rural cooking and village tours.

- Nature exploration.

- Other leisure activities.

Facilities:

- Resort has 20 chalets with comfortable beds & amenities. Including Air Conditioning units, ensuite bathrooms for all the rooms in peaceful surroundings.

- A unique elevated pool with a panoramic sea view of the natural surroundings.

- A large beachside restaurant to cater for variety of guests.

- A relaxation and public wi-fi area that is close to the beach, pool and restaurant.

- Reception area and office buildings near the entrance of the hotel to handle reservations and guest inquiries.

- A spa building that can be used for multiple therapies,

- There is a bar building that serves alcoholic drinks.

- Ample car parking space at the front area of the resort.

- Facility has three-phase mains electricity, mains water, 4G Wi-Fi, CDM telephone lines & satellite.

- Licences include liquor licence FL7 & FL8, COC certificate, trade & tourist licence.

Future Expansion:

- There are several income streams options on-site.

- There is space to build additional rooms and have a mixed concept resort.

- There is an option to buy the bare land next to the resort to increase the business premises space.

- Ideal location to include wellness tourism packages.

- This is an established on-going unique tourism business that operates under a commercial long lease and has already been marketed extensively.

- All documents & licences are in the company's name so no name change is required.

- Company share sales and transfers are exempt from taxes at present in Sri Lanka.

- Company has 10 million shares and the buyer can be the sole owner or have multiple directors.

- Sale price includes all licences, all operational assets & private limited company. Physical assets of the business include infrastructure, furniture, interiors, along with other plant & equipment.

Beach resort with 90 meters beach frontage and 20 unique rustic chalets. Resort also has restaurant, bar, swimming pool, spa, classroom, separate building that can be to provide hostel facilities for 8 pax, s and large building that can be utilized for multi-purpose uses.

The legal entity of company, hotel building, all fixtures, fittings, and daily operational items of the hotel, bar, and restaurant, along with the licenses.

1.3 acre or 210 perches property with 90 meters of beachfront land. Land is on 30 year renewable commercial long lease for tourism business purpose. Infrastructure built-up area is over 21,000 sq ft & can cater for various types guests within the tourism field.

The company has some outstanding bank loans but all the assets are owned by the company.

The director holds 90% of all the shares, with the remaining 10% held by family members.

(All shareholders have already agreed to the sale of hotel and company).