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Restaurant for Sale in Unawatuna, Sri Lanka

Owner-run European cuisine restaurant in Southern Sri Lanka, offered for full sale due to relocation.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 290 thousand
Run Rate Sales USD 240 thousand
EBITDA Margin 10 %
Industries Restaurants
Locations  Unawatuna
Local Time 1:41 PM Asia / Krasnoyarsk
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 400 thousand (Native Currency: USD 400,000)
Reason: Sale is driven by the owner’s relocation outside Sri Lanka. We consider this a fair valuation based... View More
Includes physical assets worth USD 100 thousand
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Business Overview
- Premium non-vegetarian restaurant operating in a high-tourism coastal location in Southern Sri Lanka.
- Focuses on European cuisine prepared under the direction of a Michelin-star–trained chef.
- Designed as a full dining experience with indoor seating for around 70 guests, a bar, shisha lounge, and decorative water features.
- Average daily footfall of 30–50 bills, supported by dine-in guests and bar patrons.
- Employs a team of approximately 30 staff across kitchen, service, and bar operations.
- The sales have dropped due to seasonal fluctuation.
- The owner is currently based in Sri Lanka but is using a Russian contact number.
Products & Services Overview
The restaurant’s top-selling offerings include tuna steak, tartares, octopus dishes, churrasco steak, prawn dumplings, signature cocktails, and specialty desserts. The clientele primarily consists of international tourists, expatriates, and premium local diners seeking European fine-dining experiences in a resort destination.
Assets Overview
Tangible assets include kitchen equipment valued at approximately USD 60,000 and furniture valued at around USD 40,000, while intangible assets consist of the business registration.
Facilities Overview
Operating from a leased property spread across approximately 80 perches, with a monthly rental expense of around USD 1,000.
Capitalization Overview
Sole-owner business with no outstanding debt, entirely funded by the owner.
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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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