Businesses for Sale in Sri Lanka

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Hotel for Sale in Colombo, Sri Lanka

For Sale: 168 room hotel in a prime property in Colombo spread over 0.44 acres.
- Plan to sell a 168 room 4 star hotel which is situated on 0.44 acres of land. - This land is on one of the prime beachfront properties in Colombo. - The hotel is 12 storeys and consists of fully furnished bedrooms with luxury fixtures and fittings. - It also has central air conditioning and all other facilities with 4 star class of hotels. - The general area includes a gymnasium, swimming pool, health centre, sauna, restaurant, mini conference hall, pool, main bar, restaurant, coffee shop, pastry shop, travel & tours office. - Also has a banquet hall on the rooftop which can cater to over 250 people and has panoramic views. - Prior to the current global situation the average occupancy rate was around 70%. These numbers have seen a fall due to Covid situation. Numbers on the profile are pre Covid.
7.1   Colombo , Sri Lanka
Run Rate Sales
LKR 360 million
EBITDA Margin
25 %
Business for Sale
LKR 4.5 Bn
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Restaurant for Sale in Mirissa, Sri Lanka

Restaurant serving Mediterranean cuisine that can accommodate 30 patrons and serves 150+ customers daily during season.
- Serve Lebanese and Mediterranean food. We also offer healthy food options and to that extent we have a salad and juice bar. The restaurant is open for breakfast, lunch and dinner. We are located on a very busy street. - Our business is seasonal i. e. we are open from November to March/April/May (depends on the demand) and are shut for the rest of the year. - The restaurant has a seating capacity of 30 patrons and there are 10 tables available. The juice bar is present inside the restaurant while the tables have been placed outside. The restaurant serves 150+ clients during season. - The restaurant has not taken on any debt. We are shut currently since it is off-season and also because of the ongoing pandemic. - We have one dedicated chef who is assisted by the promoter. The restaurant has multiple waiters and the wife handles the front of the house. - We have not conducted any marketing for the restaurant since we primarily rely on word-of-mouth promotion. We provide live music occasionally where we host local bands. - Our brand is extremely popular and we maintain an active Facebook page.
Restaurant serving Mediterranean cuisine that can accommodate 30 patrons and serves 150+ customers daily during season.
6.9   Mirissa , Sri Lanka
Run Rate Sales
Nil
EBITDA Margin
20 - 30 %
Business for Sale
USD 30 K
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Charter Bus Company for Sale in Negombo, Sri Lanka

For Sale: Company with 10 new imported buses offers daily transportation and charter services.
- Company has been running a transportation business in Sri Lanka for over 6 years. - We offer daily passenger transportation services for fixed routes and also bus hiring services for companies, tourist packages, schools and families. - All the buses are newly purchased from Japan. - We have 10 AC buses. - Business has permits for 3 daily routes & also to be used as tour buses. - We are one of the leading companies in Sri Lanka. - Buses can also be hired for interstate travel purpose if needed. - We have done a lot of offline marketing and business has grown through word of mouth. - Business is operational even during the lockdown period and we have good business. - Office and parking space is located on the main road with good visibility. - Physical assets include land, building, buses and furniture.
For Sale: Company with 10 new imported buses offers daily transportation and charter services.
6.9   Negombo , Sri Lanka
Run Rate Sales
LKR 84 million
EBITDA Margin
26 %
Business for Sale
LKR 100 Mn
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Hotel for Sale in Balapitiya, Sri Lanka

For Sale: Temporarily non-operational 16 room super luxury boutique hotel in Balapitiya.
- Best boutique hotel in south shore of Sri Lanka. - The hotel has 16 rooms, each with two floors and paddle pools. - Business was on a high level of growth since it was established 5 years ago. - Last year the occupancy rate was 65%. - Recent ROI was 30%. - Hotel is registered on multiple online booking portals. - Due to the recent bomb blast in Sri Lanka, sales were reduced, and we temporarily stopped operations due to Covid. - Physical assets include land, building, furniture and everything else related to the business.
For Sale: Temporarily non-operational 16 room super luxury boutique hotel in Balapitiya.
8.4   Balapitiya , Sri Lanka
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
LKR 750 Mn
Contact Business

Profitable Resort for Sale in Southern Province, Sri Lanka

Beach resort near Yala area for sale with all assets, licences and the private limited entity.
- Superb hotel investment opportunity in Sri Lanka with pristine beachfront. - The hotel is located on an undisturbed beach where a range of activities can be done. - Famous Yala Park, Bundala Park, and Katharagama are less than 30 mins drive. - Hambantota International Airport, port & express highway are within 45 mins drive. - Resort has 23 chalets with comfortable amenities, pool, restaurant, spa and bar. - There are several income streams operational on-site including bar & food outlet. - This is an established on-going unique tourism business that is already marketed extensively. - Resort location is ideal with easy access to national parks & various tourist sites. - Various activities include safari, fishing, cycling, rural cooking & beach leisure. - There is space to increase the number of rooms and have a mixed concept resort. - There is an option to buy extra bare land adjoining boundary to increase the land area. - Facility has three-phase mains electricity, mains water, 4G Wi-Fi, CDM telephone lines & satellite. - Licences include liquor licence FL7 & FL8, COC certificate, trade & tourist licence. - All documents & licences are in the company's name so no name change is required. - Company share sales and transfers are exempt from taxes at present in Sri Lanka. - Company has 10 million shares and the buyer can be the sole owner or partnership directors. - Last year the occupancy rate was 50-60% and this has reduced due to the pandemic. - Run rate sales has dropped due to the recent pandemic crisis. - Sale price includes all licences, all operational assets & private limited company. Physical assets of the business are furniture, interiors, kitchen equipment.
Beach resort near Yala area for sale with all assets, licences and the private limited entity.
6.9   Southern Province , Sri Lanka
Run Rate Sales
LKR 12 million
EBITDA Margin
34 %
Business for Sale
LKR 200 Mn
Contact Business

Resort for Sale in Southern Province, Sri Lanka

For Sale: Luxurious surf and yoga boutique retreat resort in Sri Lanka with a proven record.
- Company based out of Portugal with a local resort and another resort in Sri Lanka. We only plan to sell Sri Lanka resort without the company name. - 46-bed boutique yoga, surf & wellness retreat resort. - The occupancy rate is 80-90%. - This is a yoga-friendly retreat and is surrounded by beautiful nature in a quiet area with the seafront just metres away and swimming / surfing beaches just a few minutes walk away. - Facility was designed and built from the ground up by us, specifically for its current use. The design, amenities and function are executed perfectly. - We have fully equipped restaurant, kitchen, a cocktail bar with poolside open-air dining area (seats 46 seats), an amazing open-air but covered yoga shala jungle deck on the top floor, separate self-contained and fully equipped staff villa onsite for 6 staff, wellness spa area with two poolside massage rooms, reception area, an open plan furnished lounge area, large indoor dining area, housekeeping store, surfboard storage store, jungle yoga shala deck, yoga mat storage room, perfect rooftop terrace with stunning sea / sunset views, beautiful tropical garden, infinity swimming pool with dual outdoor showers, poolside lounges & beanbag areas and poolside restaurant. - The resort is around 200m walk from the nearest swimming beach and 300m walk to the nearest popular surf beach. - Restaurant serves both local and international cuisine for breakfast, lunch, dinner and all-day menus including coffee from professional top of the line commercial Italian espresso machine, healthy juices, beers and cocktails. Monsoon blinds also included around open areas. - The wellness spa offers full-body, neck, foot massages, beauty treatments in the knowledge that everything is 100% natural. - Have a beautiful Instagram worthy open-air yoga shala deck surrounded by jungle that can fit 25 persons comfortably for yoga and more for special cinema nights. - Rooms include beautiful Italian style ceramic tiled floors, teakwood furniture, teakwood wardrobes, XL-sized electronic safes, writing desk, suite bathrooms with skylight, premium design bathroom fittings, floating toilets, organic spa products, dual curtains, electronic key-card access to each room, AC, TV with Netflix. - Existing Staff: Upon the conclusion of the sale, the current employer will pay severance to all staff. Staff can immediately be offered a concurrent contract by new owners should they require retention. - All existing services will be transferred to the new owner. Staff will be available to assist with the introduction of current suppliers and service providers for agreed period post-sale. - Have multilingual staff & qualified spa technicians. - The promoter is based in Portugal and operates the business remotely. - Business has 5 stars on Google, 9 stars on booking. com, and has a Certificate of Excellence from TripAdvisor. - This is a complete turnkey business includes the land, buildings, all fixtures, fittings, stock, surf transport vehicles, all sports equipment (including diverse premium surfboard range of 40 boards), kitchen equipment, cocktail bar, CCTV security camera system (6 cameras) required for the continued operation of the restaurant. - Resort has high-end XL diesel generator that can support whole property during prolonged power cuts, two underground sump water tanks equalling to 15,000 litres, an onsite tube well which collects over 5,000 litres of groundwater per day to fill the sump tanks, CCTVs, state of the art electronic access control solution with RFID and BLE technologies. - Will also handover existing agreements with online sales channels like TripAdvisor and other local accounts including contracts with all OTAs, travel agencies, own website booking system, channel manager (CMS) and property management program (PMS) - The business has been running very well for almost 5 years in two separate countries. The health & wellness industry is booming and post Covid-19, its estimated that the health & wellness industry will indeed be one of the first travel segments to bounce back. We were fully booked before Covid-19 hit and we expect to be close to full capacity again in 5-6 months. This business is ready to take over with very little effort and we are at full disposal for the new owners to help manage. Our business model has been proven over the past 5 years and we can provide more detailed insight to any seriously interested parties.
9.2   Southern Province , Sri Lanka
Run Rate Sales
USD 780 thousand
EBITDA Margin
40 %
Business for Sale
USD 4 Mn
Contact Business

Resort for Sale in Sri Lanka

Luxury boutique style beach resort having 54 rooms with restaurant, bar and spa is for sale.
- Luxury boutique style beach resort with 54 rooms located in Sri Lanka. - Resort has 2 restaurants, spa, health club, 2 lounge bars. - Our rooms are ample, comfortable and complete with a private balcony overlooking the beach, a dining area and a lounge area, coffee and tea facilities, automated laundry facilities and free WiFi. - Frequently visited by European holidaymakers during the winter seasons and Chinese, Indian and Middle Eastern tourists during the summer. - Our occupancy is 74% through the year. - We were also nominated for an award by the World Luxury Hotel Awards. - Our physical assets include land, buildings, furniture, interiors, kitchen equipment, bar stock. - Promoter has more than 6 years of experience in resort business.
Luxury boutique style beach resort having 54 rooms with restaurant, bar and spa is for sale.
7.5   Sri Lanka
Run Rate Sales
LKR 216 million
EBITDA Margin
23 %
Business for Sale
LKR 2.5 Bn
Contact Business

Profitable Plastic Packaging Company for Sale in Kadawatha, Sri Lanka

Polythene bag manufacturing business, selling it to over 150 local clients and 100 export traders.
- A business manufacturing polythene carry bags, based in Kadawatha, Sri Lanka. - Have a leased manufacturing unit having a maximum production capacity of 6,000 kgs per day day. Currently producing 2,000 kgs per day. - We have setup 2 different companies for tax benefit. One company handles sale of products within Sri Lanka and the other company handles all exports. - Both companies operate out of the same manufacturing unit and have the same owners. Financial details mentioned on the profile are for both the companies together (Revenue, EBITDA, physical assets, selling price). - Selling to over 150 retail stores in Sri Lanka, and to over 100 export trading companies who further sell them around the world. - Both companies generate almost the same amount of revenue. - We enjoy the duty free facility for the importation of raw materials and machinery. - We are a ISO 9001:2015 certified company. - Physical assets are machinery, raw material and inventory. - Sale would include both the companies and physical assets.
Polythene bag manufacturing business, selling it to over 150 local clients and 100 export traders.
7.5   Kadawatha , Sri Lanka
Run Rate Sales
LKR 360 million
EBITDA Margin
20 - 30 %
Business for Sale
LKR 325 Mn
Contact Business

Profitable Ink Manufacturer for Sale in Colombo, Sri Lanka

Manufacturing and distribution of ink and related chemicals in Sri Lanka.
Company manufactures ink and related chemicals under own brand and sells it to clients across Sri Lanka. Additionally, we are also an authorized distributor of an India-based ink brand for the Sri Lankan market. Generate 85% of revenue through own brand and rest 15% of revenue through distributorship of Indian ink brand. Have a total of 400 clients across Sri Lanka. Company has market presence since the last 14 years. Have a large factory setup of 10,000 sq ft. Business owned assets as a part of full sale include land, building, plant & machinery, stocks, vehicles and office equipment.
8.4   Colombo , Sri Lanka
Run Rate Sales
LKR 480 million
EBITDA Margin
20 - 30 %
Business for Sale
LKR 420 Mn
Contact Business

Profitable Footwear Company for Sale in Kalutara, Sri Lanka

For Sale: Profitable shoe manufacturing factory with machinery, infrastructure and skilled workforce, having 150+ clients.
- Shoe manufacturing and distribution company in Kalutara, Sri Lanka. - We have 4 major vendors from whom we procure raw materials. - Company produces 300 pairs of shoes and 4,000 pairs of shoe soles per day. - We have over 150 clients across the country. - The firm has a subcontracting agreement with Bata Shoe Company of Ceylon for gent's shoes. - Have received Entrepreneur of the Year award from Ceylon Industrial Development Board. - Our assets include website, building, machinery, raw materials, client database, and stock. - Promoter has more than 20 years of experience in this business.
For Sale: Profitable shoe manufacturing factory with machinery, infrastructure and skilled workforce, having 150+ clients.
8.4   Kalutara , Sri Lanka
Run Rate Sales
USD 402 thousand
EBITDA Margin
20 %
Business for Sale
USD 475 K
Contact Business

Women's Clothing Company for Sale in Kalutara, Sri Lanka

For Sale: Women's apparel manufacturing company producing for 5 UK based clients.
- Established ladies garment manufacturer and exporter based in Sri Lanka. - We specialise in making dresses, blouses, skirts, trousers in woven and knitted fabrics. - The garments are manufactured in a newly built three-floor building with new machinery. The factory is walking distance from the main road and very close to the highway. - Production capacity of the facility is 80K pieces of garments per month and we utilize 50-70% of the capacity. - We produce our products for 5 UK based export clients. - Company owns building, land, machinery, furniture and miscellaneous items.
For Sale: Women's apparel manufacturing company producing for 5 UK based clients.
7.4   Kalutara , Sri Lanka
Run Rate Sales
USD 3.6 million
EBITDA Margin
9 %
Business for Sale
USD 6 Mn
Contact Business

Commercial Land for Sale in Kalpitiya, Sri Lanka

For sale: Sri Lanka BOI approved company, and 10 acres waterfront land.
Board of Investment of Sri Lanka (BOI) approved and registered company that owns a land of 10 acres in Kalpitiya is inviting buyers for an outright sale. BOI registration is a highly valuable certificate for properties in Sri Lanka. This land of 10 acres is currently a barren land which has approval to start businesses such as hotels, resorts, water parks, mini theater, children's fun park, offices and shops. There are multiple 5 start hotels in the area. One side of the land is connected to waterfront and the other side has a highway. Have NOC license from the local government and we can help buyers to acquire other necessary licenses that would be needed depending upon the business they would like to start. Full sale would include the sale of our BOI approved legal entity and business owned asset of 10 acre land.
For sale: Sri Lanka BOI approved company, and 10 acres waterfront land.
7.7   Kalpitiya , Sri Lanka
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
LKR 50 Mn
Contact Business

Freight Forwarder for Sale in Colombo, Sri Lanka

For Sale: Class 1 licensed freight and logistics company with over 300 clients.
- We are a fully licensed freight forwarding company that was established in Colombo in 2010. - Company is Class 1 licensed which allows us to handle vessels, handle containers as well as grants us additional rights. - Part of 6 global network of shipping companies that help us ship across the globe. - We have participated in global tenders of big names such as Columbia, Patagonia, Nike and Levis. - At present we have more than 300 active clients all across the globe. - Company's physical assets consist of vehicles, equipment and containers.
6.9   Colombo , Sri Lanka
Run Rate Sales
LKR 228 million
EBITDA Margin
13 %
Business for Sale
LKR 150 Mn
Contact Business

IT Consultancy Company for Sale in Colombo, Sri Lanka

IT systems integrator, serving top corporates in Sri Lanka, especially in the finance sector.
- We are an IT systems integrator that has been operating in Sri Lanka for over 8 years. - Have over 150 clients, mainly in the finance sector and about 30 of them are high net-worth clients. - Partnered with Dell, EMC, HP, Centerm, SysAid, Cisco and Microsoft to provide their software and hardware for integration. - Have 2 former bank CEOs on the board of directors to drive our financial solutions.
6.4   Colombo , Sri Lanka
Run Rate Sales
USD 5.4 million
EBITDA Margin
18 %
Business for Sale
USD 4 Mn
Contact Business

Seafood Processing Company for Sale in Negombo, Sri Lanka

For sale: 2 acre land with 20,000 sqft processing factory and machinery in Negombo.
- A 20,000 sqft seafood processing factory constructed on a 2 acre land. - Facility is located in Negombo, Sri Lanka. - We have been using this facility since 2007 and would like to sell the factory and machinery as the company is downsizing. - Machinery has the capacity to process up to 6 tons of meat per shift and cold room has 6 tons capacity. - Buyer would get the land, factory, processing machinery, cold room, commercial freezer.
7.5   Negombo , Sri Lanka
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
LKR 265 Mn
Contact Business

Renewable Power Plant for Sale in Colombo, Sri Lanka

Readily available electricity production plant that would generate electricity through firewood, having required licenses in place.
The company was registered in 2013. Acquiring land and government approval for production took a few years. Currently we have license to produce electricity and has the production capacity of 2 MW. We have established tie-ups with Ceylon Electricity Board for supply of electricity. Investment in the business already has 70% bank loan sanctioned. Since the bank interest rate is high in Sri Lanka, we are not looking to go ahead with this business. Seeking buyers to takeover this established business with licenses and a govt client in place.
5.6   Colombo , Sri Lanka
Run Rate Sales
Nil
EBITDA Margin
Nil
Business for Sale
LKR 1 Bn
Contact Business

Profitable Resort for Sale in Habarana, Sri Lanka

Resort business having 6 luxury rooms in Habarana, Sri Lanka receiving 70 monthly guests.
- Resort business with 6 luxury rooms and a restaurant that has been operating since 2017. - We have 3 single bed and 3 double bed rooms. - Our bedrooms offer comfort & style all with en-suite bathroom, hot water, multi channel television, hair dryer and tea & coffee making facilities. - On an average, we receive around 70 guests in a month. - We offer exclusive wild life safari experience in the heart of Habarana. The resort creates an intimate and unforgettable experience of Sri Lanka and her wild life & heritage. - Occupancy rate is above 60% throughout the year. - We also have a restaurant with a seating capacity of 50 pax. - Promoter has more than 3 years of experience in this business.
Resort business having 6 luxury rooms in Habarana, Sri Lanka receiving 70 monthly guests.
6.6   Habarana , Sri Lanka
Run Rate Sales
LKR 9.6 million
EBITDA Margin
40 %
Business for Sale
LKR 45 Mn
Contact Business

Profitable Hotel for Sale in Trincomalee, Sri Lanka

Hotel business with an average occupancy rate of 78% and also has FL7 & FL8 license.
- Hotel business located in Trincomalee, Sri Lanka, spread over 2 acres, providing hotel accommodation. Also, has a restaurant, guest house, parking facilities & a banquet hall in the hotel. - Hotel has 20 luxury rooms and 20 budget rooms, restaurant & a banquet hall which can accommodate 250 guests. - Occupancy rate is more than 78% throughout the year. - On an average we receive more than 1,000 bookings in a year. - We have license for guest house and FL7 & FL8 license for liquor. - We can serve liquor from 10 am to 12 am. - Promoter has more than 20 years of experience in this business.
Hotel business with an average occupancy rate of 78% and also has FL7 & FL8 license.
6.8   Trincomalee , Sri Lanka
Run Rate Sales
LKR 30 million
EBITDA Margin
38 %
Business for Sale
LKR 300 Mn
Contact Business

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  • How many businesses for sale in Sri Lanka are listed on SMERGERS?
    There are 27 active and verified businesses for sale in Sri Lanka listed on SMERGERS as of 24 October 2020.
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