Industry Overview
A One-of-a-kind boutique spa hotel.
It overlooks the beautiful river spree in a famous tourist destination frequented by Berliners. The property has a long history stretching back to 1929 and has recently won many awards. It outperforms every other hotel/spa/restaurant in the region and is highly profitable. The sale is due to the retirement of its owner/operator.
Ideally, it suits an investor who wants to be hands-on with the hotel and restaurant. A considerable part of the revenue comes from F&B. It could be leased out. However, we suggest the owner should love the hospitality business and be able to drive the business forward with their vision.
Many relationships in the localised region must be maintained with the ferry tour operators whose tours always finish at the hotel driving a vast amount of business. The real estate is very well maintained, so there is little capex liability for the next owner. On the upside, some more rooms can be added, and the spa extended.
Location
Spreewald region of Berlin
Business Description
Hotel / Spa / Restaurant
Financial Summary
1 Million NOI in 2022.
Investment Rationale
Location Location Location. Reputation Reputation Reputation This hotel has got it all.
Customer Overview
A lot of Berliners go to this famous region to relax. A year-round operation.
Transaction Information
Full Sale.
To enquire, you will need to complete our Investor Verification Process and sign a Buyer Consent Form.