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Profitable Renovated Hotel / Ideal Business In Samos For Sale

Samos, Greece
Asking Price:
€1,350,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€150,000
Cash Flow:
Not applicable

Profitable Renovated & Awarded Hotel / Ideal business for couples (Owners House Included)

For sale due to Retirement !!!

At a touristic Greek Island, with all facilities (large hospital, airport, 3 ports, kinder-garden up to high school and university) and population of about 38,000 people. Island boast of wild nature, many pebble and sandy beaches, 6 Museums, a lot of ancient history, famous wines, honey and olive oil and many mountain villages and fishing villages.

This beautiful business is on a site of about 1,400 sqm at the main Town's neighborhood, with best orientation and low villa/house density and consists of:

One building of about 600 sqm which includes:
- 10 x Renovated Suites with Sea View
- 3 x Apartments with Sea View
- 1 x Studio with Garden View

Also on site:
- 1x Art Gallery
- 1x large Swimming pool with sea view
- 1x Bar with sea view
- 1x fresh water well
- 3 level garden

Also on site a large house (about 180sqm) were the new hotel owner can live in, with 3 bedrooms, large living area, kitchen, 2 bathrooms, 2 balconies, 2 fire places, Storage/Laundry room and Sea view.

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The business is ideal for a younger couple who either want to raise a family or enjoy a sunnier way of living in beautiful surroundings. This business has raised our family, helped us educated our children, invest in more real estate and has offered us a comfortable life. It is now time for retirement.

A younger couple, with passion and more energy can make this business even more profitable than it already is.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Real Property Included

Living Accommodation:

Very sunny house, about 180 sqm, 3 bedrooms, 2 bathrooms, laundry room, 2 fire places, 2 balconies and large open space kitchen with living room.

Location:

Quite countryside suburb of main town, very near the town center, with the best orientation and amazing sea view

Premises Details:

One Hotel, Swimming Pool, Pool Bar, Art Gallery, Gardens and Business owners House

Business Operation

Expansion Potential:

Pool bar opening hours can be extended. Currently operated mostly to serve our Award winning Greek breakfast. It can be open for drinks, snacks etc. to hotel guest and the public.

The Art Gallery can be switched with minimal cost to an 1 bedroom maisonette, with balcony, patio and sea view, of about 85sqm

Our family owns a neighboring land site that may be also be sold for an extra price and can build 300 to 450sqm and increase Hotel capacity by about +50% or more. Other neighboring land is also available for sale.

Competition / Market:

One of the best renovated hotels in the region. Competition has started renovating as well, but our hotel is still one of the most popular hotels on the island.

Reasons for selling:

Retirement

Trading hours:

365 days + 24/7

Employees:
2
Years established:
40

Other Information

Support & training:

We can help new owner learn the ropes, introduce him to existing and repeting customes and how reservations can be made.

Contact Seller

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