A great opportunity to acquire Ryan Residences & Restaurant, a well-running 3-Star guest house and restaurant located in the popular tourist area of Eththukala, Negombo, just 500 m to Jetwing Sea Star Class Hotel. This fully operational hospitality property is ideally positioned in one of the most active tourism zones along the Negombo beach belt, making it an excellent investment for a boutique hotel or tourism-related business.
Ryan Residences & Restaurant is a recognized and established name, highly visible and well-reviewed across Booking.com (8.8) , Agoda (4.6), Expedia TripAdvisor, and other major global hotel reservation websites, ensuring a steady stream of online bookings and international exposure.
The property is situated just 450 meters from Negombo Beach Park, allowing guests easy access to the beach, restaurants, entertainment venues, and other tourist attractions. It is also conveniently located approximately 10 km from Bandaranaike International Airport, making it highly attractive for both international visitors and transit travelers.
Property Features
~ 8 Comfortable Guest Rooms: Each room is well equipped with air-conditioning, ceiling fans, high-speed internet, LCD television, and pay TV. Rooms offer pleasant garden views, creating a relaxing atmosphere.
~ Driver & Staff Accommodations: Includes an annex building dedicated to driver quarters and separate staff quarters for smooth daily operations.
~ Dining & Culinary: On-site restaurant and dining area, complete with a pantry and kitchen equipped with essential appliances.
~ Facilities: Free private parking at the premises, safety deposit facilities, and a secure, peaceful environment for guests.
Prime Location Advantages
~ The property enjoys convenient access to several important locations in and around Negombo:
~ Negombo Beach Park: 450 m
~ Negombo City Center: approx. 4 km
~ Bandaranaike International Airport: approx. 10 km
~ Transport & Culture: Close to Negombo Railway Station, St. Mary’s Church, and Angurukaramulla Temple.
~ Lifestyle: Easy walking access to restaurants, tourist hotels, super markets, banks and vibrant nightlife.
Additional Facilities
~ Safety deposit facilities
~ Secure and peaceful environment for guests
~ Excellent tourism demand throughout the year
Key Investment Highlights
~ Restaurant Expansion Potential: The Restaurant can comfortably accommodate up to 60 guests, making it ideal for large group bookings, tour packages, and maximizing seasonal revenue. The on-site restaurant presents a highly lucrative opportunity to expand operations and attract a larger dining crowd of both local food enthusiasts and foreign tourists, capitalizing on the heavy foot traffic and vibrant atmosphere of the Negombo beach strip.
~ Turnkey Operation: A fully functioning, ready-to-run business with a strong established presence in Sri Lanka’s growing hospitality industry.
~ Ryan Residences & Restaurant situated in thriving tourist hub sees a high volume of international visitors, ensuring steady demand. The property currently offers accommodation services, with restaurant potential ready for development. A fantastic opportunity to tap into tourism growth by arranging Tour packages, Vehicle hires, and other services to generate extra income.
Ryan Residences & Restaurant well-located and fully functioning tourism property offers excellent potential for investors looking to expand in Sri Lanka’s growing hospitality industry. Its prime beachside location and established operation make it a ready-to-run business with strong future growth potential.
