Suomen Yrityskaupat Oy
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For sale High-class restaurant on the peak of Pyhätunturi

Business information

Sale topic For sale
Industry Restaurants, cafes
Location Lapland
Person count Full-time 6 persons
Adjusted revenue 434 000 EUR
Asking price 903 000 EUR
For sale: A profitable high-class restaurant on the peak of Pyhätunturi next to the top station of the PyhäExpress scenic elevator in the middle of the slope area, accessible with the scenic elevator all year. The restaurant has an amazing panoramic view over the surrounding fell area. The furthest fells on Finland’s eastern border are visible and the restaurant’s location along with its view is absolutely unique.

The area of the building is 308 m2 and the terraces a combined 200m2. There is room for 110 customers inside the restaurant and 160 on the terraces. The terraces are opened for customers in early spring if the weather is good enough. The restaurant has a lot of regulars, from private persons to tourist groups.

The business uses geothermal heating and heat pumps to heat the property. The business uses solar panels, which produce 11 000 kWh of electricity per year. In addition the air conditioning system is equipped with automatic heat recovery. All these solutions significantly decrease operating costs, which increases profitability.

There is a 150 m2 heated storage building, from which the restaurant’s goods logistics is handled. The building also serves as a storage and maintenance space for the business’ equipment.

The restaurant and its concept has been developed by professionals since 2007. Most of the expansions and the storage building have been completed during the past three years. The buildings are in good shape and can be modified. Vastly experienced professionals have considered every detail of the buildings.

There is no road to the restaurant during the winter season. Maintenance is performed with snowmobiles and sleighs. The company has its own snow groomer with 22 seats and a half track called “Bankku” with 17 seats, which transport customers in the evening.

Asking price justification

Very well-known and one of Lapland’s fell area’s legendary restaurants, which is located in the prime spot of Pyhätunturi next to the top station of the PyhäExpress chairlift. The Pyhä area is magnificent and it’s being increasingly developed to become a year-round place to spend free time and an active vacation. There are many opportunities to develop Tsokka’s profitability, e.g. by expanding the existing service areas.

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Suomen Yrityskaupat Oy

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