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Wellness Retreat for Sale in Matale, Sri Lanka

2 boutique hotels with 50 acre organic spice farm primarily acting as international Yoga Retreat.

Established 10-20 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 480 thousand
Run Rate Sales USD 480 thousand
EBITDA Margin 40 %
Industries Wellness Retreats
Locations  Matale
Local Time 10:12 PM Europe / London
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 5.3 million (Native Currency: GBP 4,000,000)
Reason: The owner is 72 years old and is selling the business to retire and spend more time looking after hi... View More
Includes physical assets worth USD 5.3 million
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Business Overview
The business is a well-established international yoga retreat destination that caters primarily to overseas guests seeking wellness and surf experiences in Sri Lanka. It has developed strong relationships with approximately 30 international yoga teachers, who regularly organize and host retreat groups at the properties, creating a recurring international customer base.

The revenue model is based on all-inclusive retreat packages, with guests paying approximately GBP 2,000 per person for accommodation, yoga programs, and related retreat experiences. Guests typically spend 4 nights at the beachfront hotel in Hikkaduwa and 9 nights at the luxury farm villas. The business receives around 30 retreats per years. The business mainly attracts European tourists, benefiting from Sri Lanka's comparatively low operating costs, with annual operating expenses of approximately LKR 6 million, leading to a high EBITDA margin.
Products & Services Overview
The business operates as an international yoga retreat and boutique hospitality business, offering all-inclusive yoga and wellness retreats across two boutique hotels and a 50-acre organic spice farm in Sri Lanka. The retreats combine accommodation, yoga sessions, wellness experiences, and organic farm stays. The owner is located in UK, while the business is located in Sri Lanka.

The primary customers are international tourists, particularly from Europe, who book through international yoga teachers.

The business also cultivates a variety of organic spices and agricultural produce on its 50-acre farm, including:
- Coconut.
- Cinnamon.
- Pepper.
- Nutmeg.
- Cloves.
- Other organic spice.
Assets Overview
Tangible Assets:
- Three luxury villas.
- One boutique beachfront hotel.
- Total of 24 ensuite bedrooms (14 at the villas and 10 at the hotel).
- Swimming pools at both properties.
- Yoga Shalas at both properties.
- All buildings.
- Interior décor and furnishings.
- 50-acre organic spice farm (99-year lease).
- 140-perch beachfront land (99-year lease).

Intangible Assets:
- Established international yoga retreat business.
- Relationships with approximately 30 international yoga -teachers.
- Recurring international clientele, primarily from Europe.
- Tourist Board Licence.
- Board of Investment (BOI) approvals.
- Buyer eligibility for a Sri Lankan visa through the Board of Investment.
- Established reputation in the yoga and wellness tourism market.
- Retreat operating model and business goodwill.
Facilities Overview
The business operates from two hospitality properties located in Sri Lanka.

The first property is a 50-acre organic spice farm held on a 99-year lease, featuring:
- Three luxury villas.
- Total of 14 large ensuite bedrooms.
- Two villas with 5 ensuite bedrooms each.
- One villa with 4 ensuite bedrooms.
- Swimming pool.
- Dedicated Yoga Shala.
- Organic spice cultivation including coconut, cinnamon, pepper, nutmeg, cloves, and other spices.

The second property is a boutique beachfront hotel located near Galle on the south-west coast of Sri Lanka, comprising:
- 10 ensuite double bedrooms.
- Yoga Shala.
- Situated on 140 perches of beachside land, also held on a 99-year lease.
Capitalization Overview
The business has been funded through a combination of shareholder equity and shareholder loans.
Funding and ownership details include:
One UK-based shareholder.
Funded by shareholder equity and shareholder loans.
Outstanding HNB Bank loan of LKR 15,000, which can be fully settled before or during the transaction.
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.
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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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