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International Sailing School In The Greek Islands For Sale

Athens, Attica
Asking Price:
€285,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100K - €250K
Cash Flow:
€50K - €100K

Internationally recognized sailing school that can issue recreational yachting licenses that are internationally recognized by all charter companies anywhere in the world is for sale.
The school is based in Athens but operates in the summer on Poros islands. We offer a full range of classes and live aboard sailing courses, that are suitable for families or singles and couples on vacation. The school owns a 57 ft sailing ketch, and a 29 ft Jeanneau Sun Odyssey, both are included in the sale of the business. Clientele is mostly Americans, Australian, Europeans and local English residents. The school has an active exclusive with the State dept USA to offer sailing classes to all US Embassies in Europe. The school is ready for expansion in the local marketplace. Is well positioned to expand into other european countries.
Offers are invited.

Property information

Location:

The offices are in Athens Greece. The booking center and yacht maintenance facility are also in Athens. The yachts are currently in the Athens area when in winter storage. During the summer the school operates from the Island of Poros. Yachts are parked on the dock or on the school mooring and students arrive via 'Flying Dolphin" fast ferry from Athens.

Premises Details:

The school operates from the island of Poros and teaches sailing in the Southern Peloponnese area and along the Western Islands of the Cyclades. There are plenty of ports to visit and ample varying weather conditions to teach most students sailing.

Business Operation

Expansion Potential:

The school is operating at full capacity at present and is turning away business. At the local level more instructors and more yachts will satisfy the demand. Expansion to different areas to teach within Greece is also a possibility. External expansion to other european countries such as Italy, Spain, Croatia and even Great Bristian should also be considered. Possible Franchising the brand may also be possible.

Competition / Market:

As the only ASA teaching facility in Europe and in the Mediterranean there is no other competition. Local sailing schools licenses do not have the internationally recognized status with international charter companies. The ASA does and has an excellent reputation.

Reasons for selling:

The current owner is approaching retirement age.

Trading hours:

Winter - noon- 2000hrs.. mon-fri
Summer - 0600-1800.. sat-sun

Employees:
Winter - 3/4 Summer - 6/7
Years established:
2005

Other Information

Support & training:

The buyer should know something about sailing and teaching students. The current owner will help with transition for 6 mths, assist as required.

Furniture / Fixtures value:
€180,000 - included in the asking price
Inventory / Stock value:
€18,000 - included in the asking price
Website:
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Related Documents:
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

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