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Guest House for Sale in Corfu, Greece

For Sale: Guesthouse with 6 rooms having 100% occupancy rate during the summer season.

Established 1-5 year(s)
Employees < 2
Legal Entity Private Limited Company
Reported Sales USD 32 thousand
Run Rate Sales USD 40 thousand
EBITDA Margin 40 %
Industries Guest Houses
Locations  Corfu
Local Time 2:28 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 540 thousand (Native Currency: EUR 500,000)
Reason: The owners want to buy another property.
Includes physical assets worth USD 540 thousand
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Business Overview

- The business is seasonal. During the low season (winters) we generate EUR 5-7k monthly but during summer we generate over 7-10k monthly.

- The guesthouse has 6 rooms.

- We are on a platform like booking. com and we receive around 30 bookings through the portals monthly during summer.

- During the season time our guesthouse will be fully occupied.

- Also have a kitchen but it is used by the staff. We do not provide food for the guests.

Products & Services Overview

We provide a stay for guests. The guesthouse has 6 rooms.

Assets Overview

Tangible assets include 120 sqm of land area, and guesthouse infrastructure (beds, furniture etc).

Facilities Overview

Own guesthouse is located in the north-east of the city on a 120 sqm area.

Capitalization Overview

- Business has 2 owners. It is within the family.

- Business has cleared all the debts.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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