Resort for Sale in Arugam Bay, Sri Lanka
For Sale: Luxury resort in Arugam Bay, Sri Lanka, with 100% occupancy during peak season.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 131 thousand |
| Run Rate Sales | USD 130 thousand |
| EBITDA Margin | 30 - 40 % |
| Industries | Resorts |
| Locations | Arugam Bay |
| Local Time | 9:47 PM Asia / Colombo |
| Listed By | Management Member |
| Status | Active |
Full Sale
Asking Price:
USD
1.22 million
(Native Currency: LKR 370,000,000)
Reason: Owners are planning to migrate.
Includes physical assets worth
USD
990 thousand
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Documents
Government Registration Document
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Business Overview
- Resort located in Arugam Bay, Sri Lanka.
- A lagoon front property and is close to beach, crocodile rock and bird sanctuary.
- Has a boutique style structure, interior, unique architecture and landscape and is the one and only resort in eastern coast.
- Has a capacity of 10 rooms and a restaurant with 25 seating capacity.
- Special features include outdoor swimming pool, free private parking, a garden and a terrace.
- The peak season is from May to November, during which, we have 100% occupancy.
- Majority of our guests are foreign tourists and visitors.
- Room rate during peak season USD $120 and off season USD $75+.
- Daily footfall for the restaurant is 40 to 60, which includes both the resort guests and outsiders.
- Awarded for best resorts in 2022 by Booking. com,
- Having 9+ reviews on Booking. com.
- The resort is loved by nature lovers where you can see passing elephants and migrating birds.
- The annual turnover is LKR 35 to 40 million with 30-40%
- We also arrange for a lagoon safari on request.
- A lagoon front property and is close to beach, crocodile rock and bird sanctuary.
- Has a boutique style structure, interior, unique architecture and landscape and is the one and only resort in eastern coast.
- Has a capacity of 10 rooms and a restaurant with 25 seating capacity.
- Special features include outdoor swimming pool, free private parking, a garden and a terrace.
- The peak season is from May to November, during which, we have 100% occupancy.
- Majority of our guests are foreign tourists and visitors.
- Room rate during peak season USD $120 and off season USD $75+.
- Daily footfall for the restaurant is 40 to 60, which includes both the resort guests and outsiders.
- Awarded for best resorts in 2022 by Booking. com,
- Having 9+ reviews on Booking. com.
- The resort is loved by nature lovers where you can see passing elephants and migrating birds.
- The annual turnover is LKR 35 to 40 million with 30-40%
- We also arrange for a lagoon safari on request.
Products & Services Overview
- Resort with 10 rooms and a restaurant.- 100% occupancy during peak season.
- Majority of guests are foreign tourists and visitors.
- Restaurant caters to both resort guests and outsiders.
Assets Overview
Physical assets include land, building, furniture, linen, kitchen equipment, safari boat.Intangible assets include brand name and brand value.
Facilities Overview
Own resort located in Sarvodaya, Arugam Bay, Sri Lanka, consisting of 10 rooms, restaurant, pool and staff accommodation of approx. >2,000 sq ft.
Capitalization Overview
Operations of the business is self-funded.100% equity funded and external debts.
Planning to sell 100% of the business.
Three shareholders with ownership % of 34/33/33.
Recent Activity
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Earlier than 15 daysDirector, Tyre Manufacturer, Battaramulla, Individual Investor / Buyer connected with the Business
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