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Newly Established Luxury Hotel for Sale in Leptokaria, Greece

4-star beachfront hotel complex with 254 rooms and 524 beds in Leptokaria, Pieria, Greece.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 50 - 100
Legal Entity S Corporation
Reported Sales INR 90 - 100 crore
Run Rate Sales INR 99 crore
EBITDA Margin 40 %
Industries Luxury Hotels
Locations  Leptokaria
Local Time 12:05 AM Europe / Athens
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: INR 590 crore (Native Currency: EUR 65,000,000)
Reason: The owners have other businesses that they want to focus on and hence want to sell this one. The ad... View More
Includes physical assets worth INR 590 crore
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Business Overview
- The business is a private 4-star hotel complex with a capacity of 254 rooms and 524 beds, located on a 70,577.57 sq m plot on the beach of Leptokaria, Pieria prefecture.
- The complex includes a one-storey main building with public facilities, 15 two-storey building units with only bedrooms, various services and administration in the main hotel building, conference and meeting rooms, stores, cafeterias, restaurants, taverns, bars, pools, a fitness room, spa, beach facilities, playgrounds, and a water park for children.
- The business has implemented environmentally friendly initiatives such as a geothermal heat pump system for cooling, heating, and hot water, as well as a photovoltaic system with virtual energy balancing that covers around 80% of the facility's energy requirements.
- The hotel is situated in an advantageous area, with a significantly improved infrastructure in recent years, and employs approximately 150 permanent and seasonal staff which is essential given the vast area covered by the property.
- The main revenue-generating activities include hospitality services, restaurant and bar operations, hosting conferences, and organizing various events for associations, corporations, or individuals.
- The business also has the capability to construct 100 villas, showcasing the potential for expansion.
- The business has all the necessary regulatory approvals and licenses to run these operations and they are a part of this sale.
Products & Services Overview
This 4-star hotel offers a comprehensive range of services and facilities, including:
- Fully equipped halls for business events and gatherings.
- Dining options include restaurants, tavern, bar, pool bar, beach bar, cafe-bar by the pool, and cafe-bar by the beach.
- Recreational facilities including Playgrounds, fitness room, spa, beach facilities, two swimming pools, and a water park for children.
Assets Overview
The complete land, built up structure and furniture that make up the resort are included in this sale.
Further information will be provided once an LOI is signed with the owner.
Facilities Overview
- The private plot on which the resort is situated in has an area of 70,577.57 sq m.
- The main building has a total area of 3,105.62 sq m.
- The 15 building units have a total area of 11,836.44 sq m.
Capitalization Overview
The company is owned by 15 shareholders with no debts and liabilities.
Recent Activity
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9 Buyers already contacted this Business. 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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