Resort for Sale in Trincomalee, Sri Lanka
4-star beachfront resort in Trincomalee with 46 rooms, 65-75% occupancy rate and 90-140$ billing rate.
| Established | 5-10 year(s) |
| Employees | 50 - 100 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 900 thousand - 1 million |
| Run Rate Sales | USD 1.16 million |
| EBITDA Margin | 40 % |
| Industries | Resorts |
| Locations | Trincomalee |
| Local Time | 10:22 AM Asia / Colombo |
| Listed By | Management Member |
| Status | Moderately Active |
Full Sale
Asking Price:
USD
4.85 million
(Native Currency: LKR 1,500,000,000)
Reason: We are selling this to focus on new investments.
Includes physical assets worth
USD
290 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview
- Established 4-star beachfront resort in Trincomalee, Sri Lanka.
- The establishment has 46 rooms on 4 floors, with permission to add another 3 floors.
- The occupancy rate is 65-75% per month.
- The average billing rooms is usually 90$ and can go up to 140$ during season time.
- Amenities include - swimming pool, outdoor restaurant, indoor restaurant, conference room, open hut and a parking space that can accommodate up to 60 cars.
- The hotel has developed good relationships with travel agencies, corporations, and banks throughout Sri Lanka.
- The establishment has 46 rooms on 4 floors, with permission to add another 3 floors.
- The occupancy rate is 65-75% per month.
- The average billing rooms is usually 90$ and can go up to 140$ during season time.
- Amenities include - swimming pool, outdoor restaurant, indoor restaurant, conference room, open hut and a parking space that can accommodate up to 60 cars.
- The hotel has developed good relationships with travel agencies, corporations, and banks throughout Sri Lanka.
Products & Services Overview
The sea rooms are the most popular, with russians and europeans visiting the most. We receive business from both local and international travel agents.
Assets Overview
Tangible - land, buildings, furniture, and equipment.Intangible - Including customer lists, goodwill, computer software, copyrights, trade names, trademarks, patents, franchises, licenses.
Facilities Overview
The hotel is a beachfront hotel located in Trincomalee and with very close access to the beach. It has 46 rooms on four floors, and we have permission to add another three floors. The overall size is 57,900 square feet and 3 perches less for 2 acres.
Capitalization Overview
It is funded by the mother company with no debt and the property has a single owner with no other stakeholders.
Recent Activity
-
Earlier than 15 daysIndividual Advisor, Gurgaon, Business Broker connected with the Business
-
Earlier than 15 daysIndividual Advisor, New Delhi, Financial Consultant connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
2 Buyers already contacted this Business.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 63,500+ other businesses of all sizes.
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.
You might also be interested in these businesses