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Hesse Real estate

Successful conference hotel in a prime location with 25% EBITDA

Revenue €3,825,266
Earnings €658,974
Employees 65
Location Hesse
Transaction Background Succession planning
Shares for sale 100% sale
Revenue €3,825,266
Earnings €658,974
Employees 65
Location Hesse
Transaction Background Succession planning
Shares for sale 100% sale

Company Description

A 4-star conference hotel in a central downtown location in a medium-sized German city is for sale for 5.7 million euros.
The property has 94 rooms and the potential to expand by an additional 50 rooms.
It also features 13 conference and event rooms that can accommodate up to 350 people.
Ample on-site parking is also available. The lot area totals 5,168.92 m² of gross floor area.
The basement houses utility and storage rooms as well as a wellness area, which underwent a complete renovation and full modernization in 2019. 
The ground floor features a reception area, kitchen, restaurant, and 13 conference rooms. The four upper floors house 94 guest rooms as well as a converted attic. The property was completely renovated in 2006. Additional renovations and modernizations totaling €1.250 million have been carried out on an ongoing basis over the past 10 years. The hotel is consistently profitable and achieved an EBITDA of 23.5% and an adjusted EBIT of 16.5% in 2024.

A second level of management was successfully established years ago and currently runs the hotel independently on an operational basis. The property, with a market value of over €6.0 million, is included in the purchase price. 
The property is very well maintained and operates at optimal capacity thanks to its central conference facilities. It also benefits from excellent infrastructure due to its proximity to three highway interchanges. The hotel is being sold as part of a succession plan.
Potential buyers include existing and expanding hotel companies, as well as family offices and investors.

Industry sector

Real estate