Hotel for Sale in Egeo, Greece

For Sale: Luxury hotel standing majestically on Aegean island with 560 rooms.

This transaction has concluded.

This Business is on a Premium Plan

Established	30-40 year(s)
Employees	100 - 500
Legal Entity	Public Limited Company
Reported Sales	USD 15 million
Run Rate Sales	USD 14 million
EBITDA Margin	30 %
Industries	Hotels
Locations	Egeo
Local Time	8:09 PM Europe / Athens
Listed By	Advisor / Business Broker
Status	Active

8.4 / 10

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Full Sale

Asking Price: USD 120 million (Native Currency: EUR 112,570,000)

Reason: Retirement.

Includes physical assets worth USD 64 million

Business Overview

- A luxurious hotel on a 110,000 sq meter plot on the beach side. The hotel is divided in two main structures: a 5 star luxury hotel and a 4 star hotel both in the same plot.

- There are a total of 560 rooms and availability to build another 180 more rooms makes this business a serious player in the whole tourism industry of the south part of Greece.

- With a steady yearly revenue, makes this business a good acquisition opportunity.

- The hotels are fully operational and well maintained up to date.

- The business is free of any short and long term obligations.

- Sale would include entire business and physical assets.

Products & Services Overview

The hotel includes - spa & wellness center, gym, 6 huge outside pools, 50 private pools, tennis, basket and football courts, outside bars, restaurants, indoor swimming pool, and a conference center.

Assets Overview

The whole complex, furniture and hotel interior setup.

Facilities Overview

Property is on a plot of 110,000 Sq. Meters and is company owned.

Capitalization Overview

Not Disclosed

Recent Activity

Earlier than 15 days
President, Lyon, Financial Consultant connected with the Business
Earlier than 15 days
Director, London, Commercial Real Estate Broker connected with the Business

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