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Hotel With Huge Private Beach For Sale

Greece
Asking Price:
€36,300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€1M - €5M
Cash Flow:
€500K - €2.5M

A 4*star hotel with 190 rooms on a plot of 37.000 sq meters and 350 meters of beach is for sale, due to retirement.
Built back in 1988, with a renovation in 2007 and a facelift in 2017, hotel operates during the summer season. Revenue is stable by fixed yearly contracts with tour operators.
Plenty room for development. Upgrading to a 5*star hotel, adding a spa center and private pools. Making this hotel one of a kind in the region.

Property Information

Real Estate:

Real Property Included

Location:

Hotel is located on an attractive beach.

Size in square feet:
37.000 sq meters

Business Operation

Expansion Potential:

Upgrading to a 5* star hotel, add a spa center and private pools.

Reasons for selling:

Owner is willing to retire.

Employees:
38
Years established:
32

Other Information

Support & training:

Property management available. We provide a full operation management team to run the business on behalf of your guidance.

Furniture / Fixtures value:
€20,950,000 - included in the asking price
Inventory / Stock value:
€2,500,000 - included in the asking price
Home based:
This business can be run from home.

Contact Information

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