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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 Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 930 thousand
Run Rate Sales USD 930 thousand
EBITDA Margin 40 %
Industries Hotels
Locations  Kéa
Local Time 12:27 AM Europe / Athens
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 8.8 million (Native Currency: EUR 8,500,000)
Reason: We want to invest in some of our other interests.
Includes physical assets worth USD 8.8 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
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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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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