Residential Real Estate for Sale in Porto Rafti, Greece
For sale: Well established residential house flipping business in Greece with strong assets included.
Premium Plan
| Established | 1-5 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 1.16 million |
| Run Rate Sales | Nil |
| EBITDA Margin | 30 - 40 % |
| Industries | Residential Real Estate |
| Locations | Porto Rafti |
| Local Time | 4:54 PM Africa / Accra |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
2.32 million
(Native Currency: EUR 2,000,000)
Reason: The owner has decided to retire.
Includes physical assets worth
USD
2.32 million
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Business Overview
- Well established home flipping business in Greece.
- The businesses buys close to 8-10 properties a year.
- The business has not made any sales this year as it was busy with the renovations of the existing properties.
- The business maintains strong with over 25 local contractors who help with the building renovations.
- Holds and operates with a Certificate of Registration.
- The businesses buys close to 8-10 properties a year.
- The business has not made any sales this year as it was busy with the renovations of the existing properties.
- The business maintains strong with over 25 local contractors who help with the building renovations.
- Holds and operates with a Certificate of Registration.
Products & Services Overview
The business specialises in buying, building or renovating, and reselling the properties establishments in Santorini, Mykonos, Samos, Crete and Peloponese.
Assets Overview
Tangible assets include:- 3 residential buildings located in the Attica region.
- 2 plots of land where new residential projects can be built.
Facilities Overview
The business on a property flip model and owns the land and buildings completely owned by the business.
Capitalization Overview
The business is owned by 4 owners. There are no debts in the business.
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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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