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Hotel for Sale in Kéa, Greece

New hotel up to the beach on an island of Greece, one hour from Athens.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 1.05 million
Run Rate Sales USD 1.05 million
EBITDA Margin 40 %
Industries Hotels
Locations  Kéa
Local Time 5:00 PM Europe / Athens
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 10 million (Native Currency: EUR 8,500,000)
Reason: We want to invest in some of our other interests.
Includes physical assets worth USD 10 million
Interested to connect with advisors
Documents
Business Overview
- Our hotel has a maximum occupancy of about 70 people in total across 25 rooms.
- Rooms at the hotel have an average occupancy rate of about 80%.
- The business also has rights for exclusive use of the beach with sunbeds and a non operational restaurant space which can be utilized in the future.
- It is located in a secluded part of the island making it ideal for guests looking for a peaceful and relaxing holiday.
- Given the nature of the hotel business, 15 employees are enough to make the given revenue for the company.
- We are only open during the summer hence we do not have any permanent employees as such.
- We hire employees during the season as the need may be.
Products & Services Overview
Hotel on the beach consisting of 25 rooms located strategically in a peaceful area making it perfect for holidays. Room rentals are our best selling service.
Assets Overview
Tangible assets include:
- The 1,200 sqm hotel and land owned by the business.
- Furniture for the hotel.
Facilities Overview
Operations are run from a 1,200 sqm hotel located in Spathi. The land is owned by the business.
Capitalization Overview
There is only one owner who holds 100% of the business and there are no loans on the business at this point in time.
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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