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Resort for Sale in Kalpitiya, Sri Lanka

For Sale: Resort with 11 villas (7 with private pool), spread across 3.75 acres.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Resorts
Locations  Kalpitiya
Local Time 6:09 PM Asia / Kolkata
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.41 million (Native Currency: INR 120,000,000)
Reason: Owner lives in India and had a tie-up with a German couple to run the business. Due to Covid, it is ... View More
Includes physical assets worth USD 1.41 million
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Business Overview
- Purchased a non-operational resort with land 2 years ago and started renovation but due to bomb blast in Sri Lanka and Covid, 20% of the work is still remaining.
- Once the renovation work is done, the resort can be opened to the public.
- This is a luxury boutique-style lagoon resort with 11 villas, 10 unfurnished rooms, 2 family rooms, 3 staff rooms, restaurant, kitchen, minibar, swimming pool, wooden deck on the lagoon water.
- We plan to sell this newly renovated inoperative resort at a cheap price.
- Facility is situated in a good location and is just 2-3 hour journey from Colombo airport.
- Owner lives in India and had a tie-up with a German couple until now to run the business.
Products & Services Overview
A prime lagoon touched property in Kalpitya, Sri Lanka.
Resort has 9 fully furnished villas out of which 7 villas have private plunge pools. Have 2 family rooms on the first floor with a common sitting area of the lagoon view. The general areas include a ground + 1 storey building which consists of 10 unfinished budget rooms at the entrance, 3 staff rooms, laundry room, electrical room, reception room alongside a luggage room. Inside the property (ground floor) restaurant, kitchen and minibar are available. A swimming pool, ground + 2 storey unfinished building with lagoon view. An exclusive wooden deck (27ft X 27ft) built on the lagoon water.
Assets Overview
Land, buildings, furniture, interiors and all assets currently available at the facility.
Facilities Overview
Owned 3.75acres of land with a built-up area of 5,700 sq ft on the ground floor and 3,000 sq ft on the first floor.
Capitalization Overview
Self-funded.
100% owned by a private limited company based in India.
We are 100% shareholders of the property.
Recent Activity
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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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