Hotel in Osterode am Harz, Germany, 900 m²

3-star hotel in Harz National Park:

• 14 rooms (+2 rooms can be opened after renovation)
• Restaurant with 30 seats and a bar (in the process of renovation, at the current cost, transfer to the buyer in its completed form)
• Sun deck for guests
• Large parking area
• Apartment of the owner/manager
• An ideal family business (currently operating in this format)

The hotel is currently operational, there is no need to restart. It is located directly in the Harz National Park, thus providing a significant number of bookings for tourists, bikers, cyclists. Not far from the hotel there are large enterprises (a large clinic, a paper mill, etc.) that provide a stable flow of corporate clients, regardless of the time of year. In its niche, the hotel occupies a monopoly position in the city, having no competitors (other accommodation options in the city are either expensive options or small boarding houses with disabilities). The current level of development of the hotel is not limited, there is a potential for development.

During the holidays, the hotel's workload averages 100% in the summer. In the off-season, the load ranges from 50-60%. The main sources of bookings and direct bookings (regular corporate clients, direct inquiries). A single room costs 60 euros, a double room without a balcony costs 80 euros, a room with a balcony costs 90 euros, and breakfast per person costs 15 euros. The average monthly sales are 7,000 - 10,000 euros (excluding the restaurant). The cost of maintaining the hotel (gas, electricity, water, garbage collection, taxes) averages 2,000 euros per month. The VAT rate is 7%, so when purchasing goods and services with a VAT of 19%, an additional financial source is generated.