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Resort for Sale in Rhodes, Greece

For sale: Hotel with a 350 meters private beach on a popular tourist location.
This transaction has concluded.
This Business is on a Premium Plan
Established 30-40 year(s)
Employees 50 - 100
Legal Entity Public Limited Company
Reported Sales USD 3.3 million
Run Rate Sales USD 3.3 million
EBITDA Margin 11 %
Industries Resorts
Locations  Rhodes
Local Time 11:13 AM Europe / Athens
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 28 million (Native Currency: EUR 26,750,000)
Reason: - Owner is planning to retire. - There is huge potential and enough space to expand the business. B... View More
Includes physical assets worth USD 12 million
Interested to connect with advisors
Business Overview

The resort is located on a popular tourist beach. The facility was built in 1988 and was last renovated 13 years ago with a face-lift 3 years ago. Hotel has 194 rooms which are divided into 3 buildings, in an amphitheatric shape which allows most of the rooms to have an uninterrupted sea view. The rooms are fully equipped with all the standards of a 4-star hotel. All rooms have a balcony either with a land view or with a great sea view. Occupancy at the hotel is covered by contracts with a tour operator. The hotel has a 350 meters beach line, which makes it one of a kind. With many opportunities for further development (construct extra rooms, spa center, private pools and up-gradation to 5 stars). Physical assets include the land, buildings, furniture, electronic products and miscellaneous items.

Products & Services Overview

Resort cum hotel with 190+ rooms, swimming pool, restaurant, playroom, indoor bar, snack bar and beach bar.

Assets Overview

All the hotel's assets including the infrastructure and the facilities are included in the transaction.

Facilities Overview

Owned 37,000 sqm plot that includes three 2-floor buildings. Each room is equipped with a balcony for an uninterrupted sea view.

Capitalization Overview
Not Disclosed
Recent Activity
  • Earlier than 15 days
    Director, Herndon, Financial Consultant connected with the Business
  • Earlier than 15 days
    Managing Partner, Abu Dhabi, Financial Consultant connected with the Business
  • Earlier than 15 days
    Director, Hyderabad, Financial Consultant 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.
This transaction has concluded. View similar business opportunities on SMERGERS
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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