Invest in a Greek company exclusively representing one of the best floating marinas companies in the world.
In Greece, the existing marinas are full and facing a great shortage of vacancies, while the marine tourism industry in Greece is powerful and blooming. In the next 10 years, the Marina Industry is poised to expand rapidly. Already, new laws already discussed in the Greek parliamentary committees (July 4th 2024) will allow 10% increase of berthing positions in established marinas or shelters by installing floating marinas. The company, having negotiated the exclusive rights for Greece from one of the largest floating marinas construction companies worldwide, partnership with the only global consulting firm focused exclusively on the hospitality industry, and staffed by experienced Greek personnel, is asking for funding to enter the local market and undercut foreign-based competition, being profitable from the first year.
The ownership, already a partner of the European marina construction company, is seeking for 2MEUR funding for up to 49% of the business, that will go towards securing the exclusivity rights for Greece and working capital to fund initial engineering consulting necessary for the first year proposals to customers. The company has already approached large Greek marina and hospitality businesses to construct or enlarge their existing marinas, with positive results.
- Asking Price:
- €2,000,000
- Sales Revenue:
- Over €5M
- Cash Flow:
- €250K - €500K
Property Information
- Real Estate:
-
Lease
- Location:
-
The business is to be located in the port of Piraeus
Business Operation
- Expansion Potential:
-
According to data from the Greek Ministry of Environment, in Greece there are only 59 designated tourist ports – marinas in 2023. Indicatively, it is calculated that for every berthed yacht there are 8 yachts without berths (8:1 demand).
- Competition / Market:
-
There is virtually no competition in this sector in Greece
- Reasons for selling:
-
An investment information package is provided.
The photos are of actual projects of the company to be represented.
The company anticipates a turnover of more than 0.5 million euros for the first year alone (proposals for floating marinas from 5 to 20 million euros are already under negotiation with large hospitality businesses in Greece).
The ROI is predicted to be more than 30% (in 3 years all investors will get their money back, and then the revenue will be net profit).
