Tile Store for Sale in Agios Dimitrios, Greece
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 3 - 4 million |
| Run Rate Sales | USD 3.34 million |
| EBITDA Margin | 10 - 20 % |
| Industries | Tile Stores |
| Locations | Agios Dimitrios |
| Local Time | 8:12 PM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Active |
- The business operates through 3 commercial locations: 2 franchise stores in Agios Dimitrios, Attica and Zakynthos, and 1 own-brand store in Glyfada, Attica.
- The franchise stores operate without royalty payments and benefit from higher markup pricing. Approximately 90% of total revenue is generated through the franchise locations.
- The business generates approximately EUR 2.85 million in annual turnover, comprising EUR 1.37 million from Agios Dimitrios, EUR 1.20 million from Zakynthos, and EUR 280,000 from Glyfada.
- Annual net profit is approximately EUR 350,000–370,000, supported by an established customer base, experienced personnel, and recognized brand/franchise relationships.
- The business has significant merchandise inventory, professional equipment, commercial vehicles, an established online presence, and a recognizable brand name.
- The company has no bank loans or outstanding obligations.
- Hires contract employees as and when required.
- The business holds VAT certification and is being offered for sale as an established, revenue-generating operation in the Greek market.
- All store equipment, including two trucks and one electric pallet truck, valued at approximately EUR 650,000.
- New stock and display merchandise valued at EUR 250,000.
Intangible assets:
- Existing website.
- Social media accounts.
- Established brand and online presence.
- The Glyfada store brand.
The main business unit has been operating for 10 years and has developed across three commercial.
Premises with excellent visibility on a major commercial thoroughfare.
The main building has a total area of 500 sq. m. , consisting of:
• Ground floor: 250 sq. m.
• First floor: 130 sq. m.
• Basement: 120 sq. m.
The premises are connected by an internal staircase and elevator.
The property is privately owned and will be leased to the new owner of the business under a seven-year lease agreement, with a monthly rent of EUR 5,500 plus stamp duty.
The business is additionally supported by:
• An adjacent commercial unit of 50 sq. m. , with a monthly rent of EUR 500 and a five-year lease.
• An opposite ground-floor commercial unit of 90 sq. m, with a monthly rent of EUR 1,170 and a ten-year lease.
2. Commercial store in a prime location in the Southern Suburbs of Athens.
The second business location has been operating for two years in a central location in Glyfada, one of the most prominent commercial areas in the southern suburbs of Athens.
The store has a total area of 110 sq. m. , consisting of:
• Ground floor: 55 sq. m.
• First floor: 55 sq. m.
It also benefits from an exclusive-use outdoor area of approximately 200 sq. m. and an extensive frontage on a major central avenue.
The monthly rent is EUR 1,870 including stamp duty, with a ten-year lease agreement.
3. Tiles & bathroom products business in the Greek Islands.
The third business unit has been operating for 12 years in a highly commercial location in Zakynthos, Greece.
The business operates from a 270 sq. m. ground-floor commercial property, with an additional 70 sq. m. warehouse and extensive frontage on a central road.
The property is privately owned and will be leased to the buyer under a seven-year lease agreement, with a monthly rent of EUR 4,000 plus stamp duty.
All three outlets operate under a single parent entity.
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2 days, 20 hours agoCOO, Property And Real Estate Developer, Berlin, Corporate Investor / Buyer connected with the Business