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Hotel for Sale in Greece

Established 18-room seaside hotel with restobar on Sikinos Island, Greece, operating for 35 years.

Established 30-40 year(s)
Employees 5 - 10
Legal Entity Public Limited Company
Reported Sales USD 116 thousand
Run Rate Sales USD 116 thousand
EBITDA Margin 40 %
Industries Hotels
Locations Greece
Local Time 5:14 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 1.73 million (Native Currency: EUR 1,500,000)
Reason: The owners have decided to sell the business as part of their long-term retirement and succession pl... View More
Includes physical assets worth USD 1.73 million
Interested in connecting with advisors
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Business Name
Not disclosed
User Verification
Documents
Business Overview
- Successfully operating for more than 35 years with an excellent reputation among Greek and international guests.
- Established 35 years ago with a loyal base of repeat customers.
- Prime beachfront location on Sikinos Island.
- Strong occupancy during July, August, and the first half of September.
- Fully operational with all required operating licenses valid for the next 3 years.
- Fire safety certification renewed this year.
- Well-maintained property with experienced staff and stable annual revenue.
Products & Services Overview
The business operates an 18-room seaside hotel with a restaurant and bar on Sikinos Island, Greece.
Its main revenue comes from accommodation, food and beverage sales.
Customers are mainly international and domestic tourists visiting the Cyclades during the tourist season.
The hotel benefits from its location just 30 meters from the beach and 100 meters from the port, generating repeat guests and direct bookings.
Assets Overview
The buyer will acquire the entire company, including the hotel building, restaurant and bar, all furniture, fixtures and equipment, operating licenses, website, established business reputation, customer base and all assets required for continued operation.
Facilities Overview
The property includes a 950 sq. m. hotel building on a 4,000 sq. m. plot (1,000 sq. m. within the town plan and 3,000 sq. m. protected forest land). It features 18 rooms, a restaurant and bar, 6 levels, and is company-owned with no lease obligations.
Capitalization Overview
The business is privately owned and fully self-funded, with no outstanding loans or debts.
Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
1 Buyer contacted this Business this month. 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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