Hotel Seeking Loan in Corfu, Greece
3-star hotel at the seashore at Corfu seeks funding to upgrade to a 4-star hotel.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1 - 2 million |
| Run Rate Sales | USD 1.17 million |
| EBITDA Margin | 32 % |
| Industries | Hotels |
| Locations | Corfu |
| Local Time | 1:04 AM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Seeking Loan
USD
5.6 million
for
10.0%
annual interest,
10
years
(Native Currency: EUR 5,000,000)
Reason: - We plan to upgrade the hotel facilities to become a 4-star hotel and to increase the volume of sal...
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Collateral Available: USD 6.7 million
Includes physical assets worth
USD
7.8 million
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Documents
Domain-Verification.pdf
(212.5 KB)
Business Overview
- Well known seasonally operated 3-star hotel with 80+ rooms.
- Upgrade to 4 stars will entail renovation of 120+ rooms, suits, private villas, and addition of space.
- Legal obligations are fulfilled.
- Hotel is in short proximity to archaeological sightseeing of Corfu, and the island airport is a 20 minutes drive away.
- Ideal location on the first coastline (distance to the water's edge is 0 meters), with direct access to the sea from the outdoor swimming pool.
- Availability of public transportation with a direct line to the city center.
- Hotel area includes a big land plot with a garden, sports fields, and a swimming pool.
- Operations during the months of May-October and our ADR ranges from EUR 70-90.
- Projected ADR of EUR 170-250 in the renovated property.
- Have a steady yearly revenue and are well represented by international and local travel agents.
- Upgrade to 4 stars will entail renovation of 120+ rooms, suits, private villas, and addition of space.
- Legal obligations are fulfilled.
- Hotel is in short proximity to archaeological sightseeing of Corfu, and the island airport is a 20 minutes drive away.
- Ideal location on the first coastline (distance to the water's edge is 0 meters), with direct access to the sea from the outdoor swimming pool.
- Availability of public transportation with a direct line to the city center.
- Hotel area includes a big land plot with a garden, sports fields, and a swimming pool.
- Operations during the months of May-October and our ADR ranges from EUR 70-90.
- Projected ADR of EUR 170-250 in the renovated property.
- Have a steady yearly revenue and are well represented by international and local travel agents.
Products & Services Overview
3- star hotel with swimming pool, garden, and sports fields.
Assets Overview
Land plot, capital structure building, movable property (equipment, mechanisms), motor transport.
Facilities Overview
Own land plot of approx 15,000 sq. m. , 5-floor main building - 4,500 sq. m. , swimming pool, open restaurant, sport fields, parking, garden.
Capitalization Overview
Not Disclosed
Recent Activity
-
Earlier than 15 daysDirector, Real Estate Consultancy And Investment, Lisbon, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysSpecialist Advisor, Investment Banking, London, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysGM, Cluj-Napoca, Financial Consultant connected with the Business
Tags:
3 Star Hotel Seeking Loan in Corfu, Greece
·4 Star Hotel Seeking Loan in Corfu, Greece
·5 Star Hotel Seeking Loan in Corfu, Greece
·Lend to 3 Star Hotel in Corfu, Greece
·Lend to 4 Star Hotel in Corfu, Greece
·Lend to 5 Star Hotel in Corfu, Greece
·Hotel Seeking Loan in Corfu, Greece
·Motel Seeking Loan in Corfu, Greece
·Lodge Seeking Loan in Corfu, Greece
·Lend to Hotel in Corfu, Greece
·Lend to Motel in Corfu, Greece
·Lend to Lodge in Corfu, Greece
·3 Star Hotel Seeking Loan
·4 Star Hotel Seeking Loan
·5 Star Hotel Seeking Loan
·Lend to 3 Star Hotel
·Lend to 4 Star Hotel
·Lend to 5 Star Hotel
·Hotel Seeking Loan
·Motel Seeking Loan
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