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Hotel Investment Opportunity in Selfoss, Iceland

Hotel located in a tourist area with a high occupancy rate seeks investment.
This Business is on a Premium Plan
Established 1-5 year(s)
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 %
Industries Hotels
Locations  Selfoss
Local Time 4:03 PM Atlantic / Reykjavik
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Investment
USD 7 million for 75.0% stake (Native Currency: ISK 1,000,000,000)
Reason: - We are selling the bigger part of our business as we would need a partner to expand, i. e. to inve... View More
Includes physical assets worth USD 2.5 million
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Business Overview

- 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.

Products & Services Overview

Boutique hotel with large rooms, a great restaurant with great design, and thermal baths.

Assets Overview

Tangible- Inventory, land of 1,200 area, spa with all equipment, 2 cars, and 1 back loader.

Intangible- website.

Facilities Overview

Own hotel located in the south of the city on a 1,200 sqm area.

Capitalization Overview

- Business has one owner.

- The business has good cash flow.

- Outstanding loans of EUR 1.6 million.

Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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