Wellness Retreat for Sale in Matale, Sri Lanka
| 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 |
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.
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.
- 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.
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.
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.