Profile number 108647
Unique Guesthouse in Northern Sweden
11/11/2024 Date added
Located in
Sweden
Also interesting for this region (s)
- Noord-Nederland
- West-Nederland
- Zuid-Nederland
General information
Sector
Leisure
Type of company
Hotels
Legal entity
Private limited company
Type of transaction
Shares
Life phase enterprise
Full-grown
Employees in FTE
< 5
Type of buyer
- MBI candidate
- Strategic acquisition
- Investor
Financial information
Turnover last financial year
€ 1.000.000 - € 2.500.000
Asking price
€ 1.000.000 - € 2.500.000
Earnings before taxes
€ 100.000 - € 250.000
Company history/background
The owner of the company originates from Abisko and has previously owned numerous properties and shops in Abisko, but these were sold many years ago, and the owner now resides elsewhere.
In 2004, the hotel in Abisko was acquired and operated under the name Hotell Lapporten, running as a seasonal business.
In 2013, the shops were sold, and a decision was made to focus on year-round operations, anticipating growth driven by Aurora tourism.
In the same year, a major renovation was carried out, enabling the hotel to offer rooms and apartments with self-catering facilities. The hotel no longer provides dining services; instead, all guests have access to a fully equipped kitchen.
Following the renovation and rebranding, the business has operated under a new name. The reception and several apartments are located in a nearby separate building constructed during the large-scale renovation.
The buildings are in good condition, maintained, and renovated regularly. In 2023, significant work was done on wet rooms, bathrooms, and toilets, with the costs expensed immediately, impacting the financial results.
In 2004, the hotel in Abisko was acquired and operated under the name Hotell Lapporten, running as a seasonal business.
In 2013, the shops were sold, and a decision was made to focus on year-round operations, anticipating growth driven by Aurora tourism.
In the same year, a major renovation was carried out, enabling the hotel to offer rooms and apartments with self-catering facilities. The hotel no longer provides dining services; instead, all guests have access to a fully equipped kitchen.
Following the renovation and rebranding, the business has operated under a new name. The reception and several apartments are located in a nearby separate building constructed during the large-scale renovation.
The buildings are in good condition, maintained, and renovated regularly. In 2023, significant work was done on wet rooms, bathrooms, and toilets, with the costs expensed immediately, impacting the financial results.
Company activities
The Guesthouse offers clean and modern accommodations and various activities. These activities are run both independently and in collaboration with local companies.
Seasonal activities can be summarized as follows:
- Mid-June to August/September peak season: Midnight sun, hiking, photography, fishing, road trips, primarily attracting Scandinavians and Europeans.
- September to April: As darkness and cold increase, more Asian and American visitors arrive to enjoy the Northern Lights. As daylight returns, skiing and domestic mountain tourism also increase.
- April/May: Initially dominated by Finnish snowmobile enthusiasts, transitioning into a quieter period as the snow melts, allowing for updates and renovations.
Unique selling points
- Right of Public Access: People can roam freely almost everywhere.
- Silence: Sometimes so quiet outdoors that one can "hear the silence."
- Midnight Sun in June-July: The sun shines from an unusual direction at night.
- Northern Lights: Research indicates this is the best place in the world to experience the Northern Lights.
- Unique Nature.
Other
- The on-site staff can manage all operations independently, with no need for the owner's presence.
- Low staff turnover.
The ideal buyer would be someone who can leverage the staff's dedication and focus on developing the business, attracting new European customers.
The owner has been living in Spain for several years and finds it increasingly challenging to travel between Spain and Abisko, especially since the staff can manage the business independently.
Additional Information
As the business is located in Sweden and I, who have been entrusted with selling it, am Swedish, I would appreciate if interested parties contact me in English.
As the business is located in Sweden and I, who have been entrusted with selling it, am Swedish, I would appreciate if interested parties contact me in English.
Unique Guesthouse in Northern Sweden
Region
Sweden
Sector
Leisure
Type
For sale
Turnover
1.000.000 - 2.500.000
Overname
1.000.000 - 2.500.000