Business For Sale Negombo Ad:957270

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Sri Lanka > Western > Negombo

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Rs300,622,873

(USD 996,000)

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Business
For Sale
Negombo
Sri Lanka

lagoon view property with a well-ranked guest house & and a banquet hall which
is situated on 1.12 acres of land with almost a 100 m breadth of view.

- This land is on one of the prime properties in Negombo.

- The hotel consists of fully furnished 9 bedrooms with air conditioning & running
hot water.

- It also has a banquet hall, is fully air-conditioned and equipped to hold a capacity
of 250 pax with a large open car park.

- Property owners have their private villa with newly built 3 rooms and are able to
build more floors.

- In-house natural fish breeding pond for tilapia with infrastructure to build an
infinity swimming pool.

- The property is 15 min drive from the Colombo international airport, and 10 min
to the Negombo city center perfectly situated in Negombo with all means of
transport within walking distance but still holds the beauty of the lagoon and
serenity.

- Prior to the current global situation the average occupancy rate was around 70%
around the year season and off-season on average and we are rapidly growing up
again in business.

Products & Services Overview
Accommodation short and long stays for tourists, transistors, and locals guest.

Events: weddings cooperative functions & family events hosting & catering.

Assets Overview
Assets included land and property with an area of 48,800 square feet with all
equipment, furniture, and entitles to the business.

Facilities Overview
48,800 square feet of land with a lagoon view, with 9 rooms, and banquet hall
kitchen and stores, and a villa with 3 rooms. The land and property are owned and
are included in the transaction.

Capitalization Overview
- Sole proprietor business.

- No debts or liabilities.

- Loan paid & can be re-taken fast.

- Clear deeds and titles.

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