POA
REF: 50976
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Turnover of £1.8. for year-end 2023.
Adjusted EBITDA in excess of £580k for year-end 2023.
The hotel is based in the Scilly Isles, with limited competition.
Having operated as a hotel since the 1960s, the business is well-established in the local region.
Under current ownership, the hotel has been continuously updated with a recent renovation of the kitchen and restaurant completed in 2020.
Our client employs c.20 staff who can operate autonomously as our client manages other business ventures.
With c.20 ensuite rooms capable of hosting over 60 guests at maximum capacity, the hotel operates at 90% occupancy.
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