Resort for Sale in Kalpitiya, Sri Lanka
For Sale: Brand new non-operational boutique resort with 11 well-appointed rooms and kite surfing centre.
This transaction has concluded.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Kalpitiya |
| Local Time | 2:29 AM America / New York |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
999 thousand
(Native Currency: USD 999,000)
Reason: Due to personal life matters.
Includes physical assets worth
USD
700 thousand
Interested to connect with advisors
Business Overview
- Beautiful resort that has paused operations due to Covid.
- The property has been conceived with multiple revenue channels:
- Accommodations: 4 garden cabanas, 6 beach cabanas & one beach villa.
- F&B: bar, restaurant, top deck, and room service.
- Events: weddings, music festivals, and retreats.
- Activities: water sports, kite surfing, yoga, meditation, fishing, Vella island camping, dolphin, and whale watching.
A. Location highlights:
- Located in a prime location: the NW coast of Sri Lanka.
- The only hotel with direct kite surfing access.
- 3-hour drive from CMB airport.
- 30 minutes boat journey to Wilpattu National park.
- 15 minutes boat journey to Vella island.
B. Bespoke Design:
- Hand-picked colonial doors and windows.
- Custom bed frames.
- Imported antique lights.
- Speciality materials: Coconut wood, and clay tiles.
- Fully equipped imported kitchen.
- Open roof reception.
- Yoga deck, small shop, and massage area.
C. CAD and technical drawings are available for the new buyer.
D. Management company already identified to restart the operations.
E. Have 7 high season months (May-Sep and Nov–Jan)
F. The property is debt-free.
G. We are a BOI company (board of investors) with many investors and the master plan is approved by the BOI.
H. One of the promoters who listed the business is in the US now.
- The property has been conceived with multiple revenue channels:
- Accommodations: 4 garden cabanas, 6 beach cabanas & one beach villa.
- F&B: bar, restaurant, top deck, and room service.
- Events: weddings, music festivals, and retreats.
- Activities: water sports, kite surfing, yoga, meditation, fishing, Vella island camping, dolphin, and whale watching.
A. Location highlights:
- Located in a prime location: the NW coast of Sri Lanka.
- The only hotel with direct kite surfing access.
- 3-hour drive from CMB airport.
- 30 minutes boat journey to Wilpattu National park.
- 15 minutes boat journey to Vella island.
B. Bespoke Design:
- Hand-picked colonial doors and windows.
- Custom bed frames.
- Imported antique lights.
- Speciality materials: Coconut wood, and clay tiles.
- Fully equipped imported kitchen.
- Open roof reception.
- Yoga deck, small shop, and massage area.
C. CAD and technical drawings are available for the new buyer.
D. Management company already identified to restart the operations.
E. Have 7 high season months (May-Sep and Nov–Jan)
F. The property is debt-free.
G. We are a BOI company (board of investors) with many investors and the master plan is approved by the BOI.
H. One of the promoters who listed the business is in the US now.
Products & Services Overview
Resort with:Reception.
Yoga & spa.
Kitchen, bar & restaurant.
Garage building.
Office building.
Kite surfing centre.
Pool & common area.
Garden cabanas.
Beach cabanas.
Villa.
Assets Overview
Land, building, all furniture and appliances, interiors, two 10,000-liter tanks filled via water browser delivery, septic tanks: 1 x 3 cubic meter underground concrete tank (additional development plans for future expansion), electrical supply: CEB 3 phase, 46Amp, on-site generator: 26 to 32 KVA.
Facilities Overview
Owned 1.5 acre land with villas, cabanas, restaurant, office, pool, and garden.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Tyre Manufacturer, Battaramulla, Individual Investor / Buyer connected with the Business
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