Newly Established Resort Investment Opportunity in Rethimno, Greece
Reputed hotel brand based in Crete seeks investment to start a five star luxury hotel.
This transaction has concluded.
Premium Plan
| Established | 0-1 year(s) |
| Employees | 50 - 100 |
| Legal Entity | General Partnership |
| Reported Sales | Nil |
| Run Rate Sales | Nil |
| EBITDA Margin | Nil |
| Industries | Resorts |
| Locations | Rethimno |
| Local Time | 1:12 PM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Active |
Partial Stake Sale
USD
4.7 million
for
30.0%
stake
(Native Currency: EUR 4,000,000)
Reason: We are seeking funds to convert this business plan into reality by starting the construction work.
Interested to connect with advisors
Documents
document-f111f
(130.1 KB)
Business Overview
- We are a reputed hotel business that has been in the market for more than 30 years.
- Our new project is to build a five star premium luxury hotel for adults of age more than 18.
- This will be the first five star hotel in the region, all other properties are 4 star.
- It will be in close proximity to the beach and airport to easy transportation services.
- Construction has not started yet, only business plan has been made. Detailed overview is available in the attached document - Project Overview.
- Investor will get a stake in the new entity. Promoters of this company have more than 25 years of experience in the hotel industry and plan on retaining 70% stake.
- Our new project is to build a five star premium luxury hotel for adults of age more than 18.
- This will be the first five star hotel in the region, all other properties are 4 star.
- It will be in close proximity to the beach and airport to easy transportation services.
- Construction has not started yet, only business plan has been made. Detailed overview is available in the attached document - Project Overview.
- Investor will get a stake in the new entity. Promoters of this company have more than 25 years of experience in the hotel industry and plan on retaining 70% stake.
Products & Services Overview
It is a five star hotel with 50 suites, jacuzzi, rooftop restaurant and more.
Assets Overview
Will acquire the assets once the investment is received.
Facilities Overview
We have shortlisted some properties and the constructed surface will be around 3,500 square meters.
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 daysManager, Travel Agency, Budapest, Individual Investor / Buyer connected with the Business
-
Earlier than 15 daysPartner, Education Consultancy, Chennai, Individual Investor / Buyer connected with the Business
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
