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Hotel-Restaurants-Pool Bars complex in Samos island

Exceptional Location - On the wave
Code: 95
Location: Greece, Athens
Category: SERVICES BUSINESS , Hotel, Apartments, Camping
Business Description
Private owned Hotel of 55 self-catered apartments-rooms with expansion possibility by other 60 self-catered apartments-rooms on the currently unused land of 5.500 sq.m. of the property. The hotel established in 1990 and offers a pool with a pool bar and a BBQ area. Three different catering businesses complement the Hotel: a Taverna, indoors for the winter months and near the sea during the summer months, a dining-restaurant and a casual cafe restaurant.
The complex operates 12 months per year and has increased Revenue Sales during the last three years (30% average growth).

The prospects for the coming season (2019) are very positive (early bookings are up 20%). Samos is going to be served by various new air and sea routes in season 2019 and traffic is expected to continue to grow.

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Financial data (in €)
Sales Revenue: 
600.000
Earnings before Tax: 
180.000
Transaction Information
Type of Transaction: Sale
Asking Price: 1.600.000 €
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