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Hotel for Sale in Foinikounta, Greece

Full sale: Well-established 33-year-old hotel located at the prime location of the city.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 2 - 5
Legal Entity Private Limited Company
Reported Sales USD 59 thousand
Run Rate Sales USD 70 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Foinikounta
Local Time 2:11 AM Europe / Athens
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.17 million (Native Currency: EUR 1,000,000)
Reason: The promoters are planning to invest in some other business and need funds for the same. The valuati... View More
Includes physical assets worth USD 234 thousand
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Business Overview
- The business was established in 1988.
- We have been providing top-quality services for the past 33 years.
- The property is well-established and well-maintained with a hotel of 6 rooms, 4 studios and 2 suites along with other amenities.
- On average, we serve 45 people per day. We basically operate in summer but can also operate in winter because the property is located in the centre of the city.
- Our room tariffs are affordable to all classes of people.
Products & Services Overview
A variety of different size rooms at a distance of 150 meters from the beach along with the facility for parking and is located in the heart of Foinikounta city.
Assets Overview
All the property and the hotel business.
Facilities Overview
A company-owned 2-floor building of 200 square meters on a plot of 1, 000 square meters, also we can construct another building in an area of about 200 square meters.
Capitalization Overview
Not Disclosed
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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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