| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 144,222 TIME(S)
BUSINESS REFERENCE : 14198 / RightBiz TOURIST HOTEL, INCLUDING BAR AND RESTAURANT, FOR SALE | | | | | | Tourist Hotel, including Bar and Restaurant, for Sale - Situated in Greece, on the idyllic island of Agistri in the Saronic Gulf, is an excellent existing business opportunity priced for a quick sale. | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Leisure, pubs and hotels | | TRADE TYPE: | Holiday Parks & Camp Sites & Caravan Parks | | SALE: | Private Sale | FREEHOLD: | £1115000 | | | | | | | | | | | BUSINESS DETAILS: | The business has been designed to operate throughout the year however the present owner, for personal reasons, operates the business only during the high tourist season (approximately 5 - 6 months per year). The business generates an excellent income from the room rental, restaurant and bar facilities and the rental of sunloungers and umbrellas on the private beach. This business also has an excellent expansion opportunity as included in the asking price is an adjoining plot of land, presently used as a parking area, with existing planning permission for a two-storey building which would give an extra 10 - 12 rooms. The new owner will be entitled to a minimum 50% grant from the Greek Tourist Office (EOT) to expand the business in this way. The business has an existing full Greek tourist accommodation licence and a fully licenced bar and restaurant. Also another great benefit is that small Greek islands fall into the the low tax category bracket, i.e. business and personal taxation is much lower on small islands than on the Greek mainland or larger islands such as Rhodes, Corfu etc. This is another reason why this business gives very good net profit and an excellent return on investment. | | | | | | FOR SALE | | | | | SELLER: | Confidential - Members Only | | CONTACT: | Confidential - Members Only | | REFERENCE: | 14198 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
