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Resort Assets for Rent in Hikkaduwa, Sri Lanka

Seeking long-term lease of beachfront property with 28 rooms, 2 restaurants, bar, and banquet hall.

Ownership Duration 30-40 year(s)
Industries Resorts
Locations  Hikkaduwa
Local Time 1:05 AM Asia / Colombo
Listed By Business Owner / Director
Status Active
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Monthly Rent
Asking Price: USD 6.6 thousand (Native Currency: LKR 2,000,000)
Reason: The family is moving out of Sri Lanka.
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Assets Description

Beachfront property in the center of Hikkaduwa, owned by the promoter.

The property has 28 rooms that are fully furnished, an infinity pool, a coffee shop & co-working space. It also has a beach bar, 2 restaurants, and a banquet hall.

We received 100% occupancy between October-March. During this period, we generate average monthly sales of LKR 6.5 million with high profitability.

60% of the bookings are through OTA and 40% are from travel agents.

The lessee can continue operations under the existing brand name depending on their requirement (at no added costs). We also have an experienced team of 12 employees that will be willing to work under the new management.

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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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