FOR SALE Finland's southernmost hotel, the unique Utö Havshotel
Business information
Sale topic | For sale business operations, business assets |
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Industry | Accommodation companies, hotels |
Location | Finland |
Person count | Full-time 2 persons part-time 8 persons |
Adjusted revenue | 760 000 EUR |
Asking price |
1 150 000 EUR |
Utö Havshotel operates in the barracks of the Utö fortress, which were previously used by the army. The island still has areas and cave systems where civilians are prohibited from entering.
The company has several accommodation buildings in the area, with high-quality fully equipped hotel rooms. Additionally, there are other buildings that support and serve the business.
The size of the property is over 4 hectares and there is still significant permitted building volume remaining in the area.
In addition to accommodation services, there are restaurants, meeting services, private saunas, a guest marina, and many other activities that support tourism.
The area’s services are currently available from the end of March to October, meaning year-round operations are not conducted, but there is no particular obstacle to that either.
Access to the island is provided by a ferry.
A good overview of the business is provided on the website www.utohotel.fi.
Asking price justification
The value of the property owned by the company and the cash flow of the business conducted there form the basis of the asking price.