Hotel Equity Stake For Sale in Reykjavík, Iceland
Business in Reykjavik, Iceland constructing a hotel near the airport seeks funding to begin construction.
Premium Plan
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | C Corporation |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Hotels |
| Locations | Reykjavík |
| Local Time | 1:58 AM Atlantic / Reykjavik |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
12 million
for
40.0%
stake
(Native Currency: ISK 1,500,000,000)
Reason: To begin construction once the land has been purchased. We have raised the necessary funds for the i...
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Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Documents
Business Overview
- A Hilton hotel business, based in Reykjavik, Iceland.
- The business is still in the pre-revenue phase.
- The land has been identified and we will be purchasing the land by next month. It is currently owned by a township in Keflavik.
- The hotel once constructed will have 300 rooms. We will also be constructing a hostel next to the hotel which will have 400 rooms.
- Hotel will also have a swimming pool, restaurant and theater hall.
- We expect to complete construction within the next 3 years.
- The hotel will be mainly for businesses purposes and conferences, but can also accommodate individual stay.
- The location is near the airport so we expect many bookings from air force personnel and tourists.
- Business does not currently own any physical assets.
- The business is still in the pre-revenue phase.
- The land has been identified and we will be purchasing the land by next month. It is currently owned by a township in Keflavik.
- The hotel once constructed will have 300 rooms. We will also be constructing a hostel next to the hotel which will have 400 rooms.
- Hotel will also have a swimming pool, restaurant and theater hall.
- We expect to complete construction within the next 3 years.
- The hotel will be mainly for businesses purposes and conferences, but can also accommodate individual stay.
- The location is near the airport so we expect many bookings from air force personnel and tourists.
- Business does not currently own any physical assets.
Products & Services Overview
Hotel will have 300 rooms, and hostel will have 400 capsules. Hotel will have swimming pool, restaurant, conference facilities and theater.
Facilities Overview
Land will be purchased from the township by next month. Area of the land to be purchased is still being decided.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysDirector, Real Estate Consultancy And Investment, Lisbon, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysPresident, Hotel Investment, Los Angeles, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysBusiness Consultant & Advisor, Trading, Jakarta, Corporate Investor / Buyer connected with the Business
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