Hotel & Ryokan in Hakuba-mura,Kitaazumi-gun, Nagano

■ Overview
・A hotel located in the Hakuba area catering to foreign tourists, with a primary target audience of foreign visitors who come for winter sports.
・As such, the hotel is only open during the winter season (December to March).
・There are approximately 40 rooms available for guests.
・The hotel has a staff of about 6 to 10 people, including both full-time and part-time employees.
・The annual sales are around 100 million yen during normal times, although they decreased during the COVID-19 pandemic and have since fully recovered.
・The annual EBITDA was naturally low during the COVID-19 pandemic, but it was around 35 million yen during normal times and is expected to recover from the current fiscal year.

■ Features
・The location is excellent, with the hotel situated in the center of the resort area.
・Due to the presence of restaurants and bars in the vicinity, the property value is very high.
・Stable rental income is generated from multiple tenants within the hotel, ensuring a portion of revenue for hotel operations.
・Food is outsourced to tenant restaurants, which reduces the burden on hotel management.
・Part-time employees are utilized for check-in and room cleaning, reducing the need for full-time staff.

■ Desired Conditions
・Scheme: Stock transfer or asset purchase
・Transfer price: Negotiable (Approximately 500 million yen for asset purchase, with the net debt subtracted for the stock transfer, which serves as an indicator of the stock price)
・Timing of transfer: As soon as possible.