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Hotel for Sale in Greece

For Sale: A 4 star fully operational hotel with 230 rooms on a tourist beach.
This transaction has concluded.
This Business is on a Premium Plan
Established 20-30 year(s)
Employees 50 - 100
Legal Entity Public Limited Company
Reported Sales INR 30 crore
Run Rate Sales INR 30 crore
EBITDA Margin 26 %
Industries Hotels
Locations Greece
Local Time 3:11 AM Europe / Athens
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: INR 168 crore (Native Currency: EUR 16,790,000)
Reason: Retirement.
Includes physical assets worth INR 152 crore
Interested to connect with advisors
Documents
Aerial Picture
Business Overview
- A 4-star hotel that has 230 rooms.
- Hotel has 2 major buildings.
- The revenue is constant due to yearly contracts with tour operators.
- The hotel has an interesting architecture surrounded by greenery.
- The area where the hotel is located, provides many things to do and is close to famous tourist spots to visit.
- Sale would include entire business and physical assets.
Products & Services Overview
The hotel provides many facilities to its guests - 4 outdoor and 1 indoor swimming pool, a tennis court, 2 restaurants, 2 bars, 2 pool bars, 1 beach bar, an amphitheatre, gym, sauna, Jacuzzi, massage room, a supermarket and a 50 meters long private beach makes the place a pleasant stay for every guest.
Assets Overview
All assets of hotel are included for the sale.
Facilities Overview
Hotel is on a 28,000 sq. meter company-owned plot.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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