Need help?

Resort for Sale in Arugam Bay, Sri Lanka

For Sale: Recently started resort with 10 rooms and 70-80% occupancy rate.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 202 thousand
Run Rate Sales USD 283 thousand
EBITDA Margin 32 %
Industries Resorts
Locations  Arugam Bay
Local Time 8:13 AM Asia / Qatar
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.18 million (Native Currency: LKR 350,000,000)
Reason: Partners are based in the Middle East and want to exit the business.
Includes physical assets worth USD 930 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Business Overview
- A resort located in Arugam Bay provides products and services to its customers.
- 10 rooms and an infinity swimming pool available for guests.
- Occupancy rate of 70-80%.
- Bar available but not operational; the new owner can start it for additional revenue.
- Also offer wild life safari and lagoon safari.
- Registered on all reputed online platforms; such as bookings. com.
- 12 employees managing the resort.
- Owners are in Qatar and the business is in Sri Lanka.
Products & Services Overview
Resort with 10 rooms swimming pool and a gym available for guests.
Assets Overview
Land, building, interiors, furniture, soft furniture, kitchen equipment, electronics.
Facilities Overview
Freehold land and building. Property is half an acre and located in Arugam Bay.
Capitalization Overview
Business has 3 shareholders with equal stake.
No liabilities or loans. It was a green field project and was completed two years back.
Recent Activity
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!
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
    Frequently
    Asked
    Questions
    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more