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Car Dealers Business for Sale in Athens, Greece

Full sale of thriving electric cart service catering to hotels and resorts in Greece.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 3 - 4 million
Run Rate Sales USD 4.9 million
EBITDA Margin 30 - 40 %
Industries Car Dealers
Locations  Athens
Local Time 9:02 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 11.7 million (Native Currency: EUR 10,000,000)
Reason: The owner is selling the business due to bad health conditions.
Includes physical assets worth USD 5.8 million
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Business Overview
- Located in Athens, this business specializes in the distribution of electric carts tailored for hotels, resorts, and industrial services.
- Each hotel and resort typically orders 20-40 carts annually. The average order value of the carts is EUR 30,000-50,000.
- The business has established a robust customer base with approximately 2,000 clients in Greece and continues to expand by exporting both carts and spare parts across Europe.
- Offering electric golf carts and spare parts related to electric carts, the company provides essential maintenance services that help clients keep their fleets operational.
- The electric carts are sourced from manufacturing facilities in China, the USA, and Europe, ensuring quality and variety in product offerings.
- The monthly revenue may appear high due to the high-value pricing of golf carts and spare parts, and it is not directly linked to the number of employees in the business.
Products & Services Overview
Golf carts are our best-selling product, commonly used by hotels and resorts to transport guests within their premises.
Assets Overview
Tangible assets include 100 carts and fully stocked warehouses containing vehicle spare parts and batteries.
Intangible assets: Business registration certificate, brand merchandise, and established clientele.
Facilities Overview
The business includes a privately owned vehicle showroom along with three spare parts and vehicle service warehouses, covering a combined area of 6,000 square meters.
The new owner can operate from this property on rent and pay a monthly rent of EUR 6,000 for the premises.
Capitalization Overview
The business is 100% owner-funded, with no external loans or equity investment.
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1 Buyer contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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