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Luxury Hotels for Sale in Varmahlíð

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Luxury Hotel for Sale in Varmahlíð, Iceland

Profitable North Iceland boutique cottage retreat with expansion land, seeking full sale.
Established Arctic boutique retreat located in North Iceland, operating successfully for over two decades. - Comprises seven fully equipped cottages (36–83 m²) accommodating 2–6 guests, arranged around a central natural stone hot pot. - Strong online reputation with ratings of 9.3 on Booking. com, 4.8 on Google, and up to 4.94 on Airbnb, with approximately 15% repeat guests. - The promoters have decades of experience in tourism and hospitality in Iceland, including cooperation with a nearby horse-riding business that generates additional guest referrals. The nearby horse-riding business is operated by the same ownership group (EHF entity), but is not part of the sale. - Diversified booking channels including Booking. com, Airbnb, Expedia, direct website reservations, and established European and Icelandic travel agency partnerships. - Year-round operations catering to international tourists, Ring Road travelers, northern lights visitors, couples, families, and small groups. - Situated on approximately 5,000 m² of government-leased land with an additional 4,500 m² development area prepared for expansion. - Secured through an unlimited government land lease with very low annual costs, supporting long-term operational stability. - Includes operational systems, supplier relationships, booking infrastructure, inventory, and transition support from current owners. - Privately owned with no significant outstanding debts, enabling a clean and straightforward asset transfer. - Revenue per employee is high because the business operates as a low-staff, asset-based accommodation model where income is driven by cottage rentals, automated booking platforms, and streamlined operations rather than manpower intensity. - The slight drop in monthly sales is primarily due to normal seasonal fluctuations in tourism demand, particularly variations between peak summer months and comparatively softer winter or shoulder seasons. - The business operates with a valid business registration certificate.
Profitable North Iceland boutique cottage retreat with expansion land, seeking full sale.
9   Varmahlíð
Run Rate Sales
USD 390 thousand
EBITDA Margin
30 %
Business for Sale
USD 1.85 Mn
Contact Business
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Luxury Hotel for Sale in Varmahlíð, Iceland

Profitable North Iceland boutique cottage retreat with expansion land, seeking full sale.
Established Arctic boutique retreat located in North Iceland, operating successfully for over two decades. - Comprises seven fully equipped cottages (36–83 m²) accommodating 2–6 guests, arranged around a central natural stone hot pot. - Strong online reputation with ratings of 9.3 on Booking. com, 4.8 on Google, and up to 4.94 on Airbnb, with approximately 15% repeat guests. - The promoters have decades of experience in tourism and hospitality in Iceland, including cooperation with a nearby horse-riding business that generates additional guest referrals. The nearby horse-riding business is operated by the same ownership group (EHF entity), but is not part of the sale. - Diversified booking channels including Booking. com, Airbnb, Expedia, direct website reservations, and established European and Icelandic travel agency partnerships. - Year-round operations catering to international tourists, Ring Road travelers, northern lights visitors, couples, families, and small groups. - Situated on approximately 5,000 m² of government-leased land with an additional 4,500 m² development area prepared for expansion. - Secured through an unlimited government land lease with very low annual costs, supporting long-term operational stability. - Includes operational systems, supplier relationships, booking infrastructure, inventory, and transition support from current owners. - Privately owned with no significant outstanding debts, enabling a clean and straightforward asset transfer. - Revenue per employee is high because the business operates as a low-staff, asset-based accommodation model where income is driven by cottage rentals, automated booking platforms, and streamlined operations rather than manpower intensity. - The slight drop in monthly sales is primarily due to normal seasonal fluctuations in tourism demand, particularly variations between peak summer months and comparatively softer winter or shoulder seasons. - The business operates with a valid business registration certificate.
Profitable North Iceland boutique cottage retreat with expansion land, seeking full sale.
9   Varmahlíð
Run Rate Sales
USD 390 thousand
EBITDA Margin
30 %
Business for Sale
USD 1.85 Mn
Contact Business
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