Sports Franchise for Sale in Larnaca, Cyprus

Authorized sports franchise in Cyprus with owned stadium, pitches, and an EBITDA margin of 15%.

Established	50-60 year(s)
Employees	10 - 50
Legal Entity	Other
Reported Sales	USD 2.1 million
Run Rate Sales	USD 2.3 million
EBITDA Margin	15 %
Industries	Sports Franchises
Locations	Larnaca
Local Time	1:51 PM Europe / Istanbul
Listed By	Advisor / Business Broker
Status	Active

6.6 / 10

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Full Sale

Asking Price: USD 6 million (Native Currency: EUR 5,600,000)

Reason: The owner wishes to retire. They own 100% of the club and hence wish to sell the entire club. Note:... View More

Includes physical assets worth USD 2.1 million

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Documents

Club Brochure (17.5 MB)

Business Overview

- 55-year-old second division football club in Larnaca.

- Club earns revenue through advertisement, stadium ticket sales, and food sales.

- Part-time staff.

- Earns about EUR 30k of profit in one month.

- Had been in the first division for 27 years, and has been in the second division for the last 4 years.

- Employing around 200 young football players and more part-time staff in their community.

- Club owns a stadium with a capacity of 7,000 spectators.

- The club owns 4 more pitches for our academies & training camps.

Products & Services Overview

Second division football team playing regular matches with an active football academy.

Assets Overview

Tangible assets.

- Stadium worth more than EUR 1 million.

- 1,000 sq. m of land worth EUR 1 million.

Facilities Overview

The 2 main pitches are located in Dasaki Achnas while the rest of the pitches and land are in the village of Achna which is located 25 km northeast of Larnaca in Cyprus.

Capitalization Overview

- 100% owned by a single person.

- Debt-free club.

Recent Activity

Earlier than 15 days
President, Investment, Belgrade, Individual Investor / Buyer connected with the Business
Earlier than 15 days
Managing Partner, London, M&A Advisor connected with the Business
Earlier than 15 days
Project’s Analysis, Energy& Renewable & Oil Marketing, Larnaca, Corporate Investor / Buyer connected with the Business

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Sports Franchise for Sale in Larnaca, Cyprus

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