Hotel Investment Opportunity in Selfoss, Iceland
|Employees||10 - 50|
|Legal Entity||Limited Liability Company (LLC)|
|Reported Sales||USD 1.7 million|
|Run Rate Sales||USD 1.8 million|
|EBITDA Margin||36 %|
|Local Time||4:03 PM Atlantic / Reykjavik|
|Listed By||Business Owner / Director|
- We are a 13 large room luxury hotel, with DL, JS, and suites.
- We started 5 years ago and became an instant hit.
- Hotel has the highest occupancy rate in the area, high rates (av 600 Euros), and managed through covid without problems, and now we are seeing the coming year as the best from the start.
- Have 10 contract-based employees and 12 permanent employees.
- The promoter owns the land.
Boutique hotel with large rooms, a great restaurant with great design, and thermal baths.
Tangible- Inventory, land of 1,200 area, spa with all equipment, 2 cars, and 1 back loader.
Own hotel located in the south of the city on a 1,200 sqm area.
- Business has one owner.
- The business has good cash flow.
- Outstanding loans of EUR 1.6 million.
Earlier than 15 daysCEO, Financial Information, Cork, Corporate Investor / Buyer connected with the Business