Return to jobs Return to jobs

Co-founder/owner!

The New Sri Lankan House

Clock

Posted over 30 days ago...

Expired

Become the owner of a Thriving Boutique Resort in Sri Lanka's Beautiful Southern Coast

Overview

icon Salary

£0

icon Location

Sri Lanka

icon Expires

Expires at anytime

An unusual pitch for ETC but we're really excited at finding a new owner (Co-founder!) for this gorgeous small (boutique) resort tucked away in a beautifully untouched but emerging part of Sri Lanka's Southern Coast.

The Australian owners spent several years conceiving and developing the business - informed by plenty of experience undertaking similar projects in Bali - and now for family reasons have to relocate back home.

The 'hotel' has 7-bedrooms, a really well landscaped tropical garden and pool, a great cafe and bar (with well equipped commercial kitchen) and yoga space. It's located nicely on Sri Lanka's popular Southern stretch - close to the likes of Hiriketiya and Ahangama - but discreetly tucked away and within 30 yards of a gorgeous 'hidden' bay.

Though opened relatively recently (late 2023) it is making good money and has a very strong team and operation in place. As a new property it is in excellent condition with a modern design and overall aesthetic that clearly appeals well. Occupancy has been excellent to date and looks strong for the season ahead.

There is of course still room to develop further and new owners have scope to put their own style and ideas to work. But the fundamentals are all in place - the grunt work of permissions, construction, recruitment, launch and managing early-stage glitches all done.

This project of course requires a significant capital investment (acquiring the property) but the return potential (we can share numbers) is strong and the opportunity for a real and meaningful lifestyle shift - in the secure context of a business already established and doing well - we think really great.

Questions

19th August 2024

- Public

Hello, what would the significant capital investment be?

Employers answer

Hi Lindsey, Thanks. The current owners are selling up entirely and have a guide price of USD 1.2m on the property and business. I can share the financials - which show that price as reasonable given current profitability - if useful. You can also see the full listing here: https://www.thenewsrilankanhouse.com/hotels-1/boutique-hotel-for-sale-in-dondra-sri-lanka (If required please use code: tnslhlisting This villa setup in Ahangama (very popular) is at a different price point but similarly interesting hospitality project/opportunity: https://www.thenewsrilankanhouse.com/for-sale-pages/villa-for-sale-in-ahangama-075 All the best, Max (Do email me or WhatsApp if I can help further: max@thenewsrilankanhouse.com / +94 76 640 4373)

Organisations to follow.

Medal
Computer

FOR ORGANISATIONS

Your progressive people partner

Post your jobs, become a Top 1% Employer and more. We work with organisations who aspire to do things differently.

Learn More
*** 🚨 Announcing Top 1% Employer: Escape Verified 💥 ***