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Unique Guest House  /Kythira  (Code: 121550618)

A traditional Guest House built with the outmost respect to the environment and local character. Located in one of Kythira’s best location, it has been in operation since 2010.

 

With current owner’s insistence on quality and hospitality, the establishment has become a “second home” for families, large groups that like to book the entire establishment, as well as couples looking for a more serene retreat. A number of clients have been returning to the Guest House every year since the commencement of operations.

 

The Guest House can accommodate 8-14 people in its different houses. All buildings have been carefully integrated in the surroundings.

 

The Business has been built with great “meraki” and a lot of personal hard work and involvement from the current owner. It has been built as a business that can be ran by a single owner and offer him a satisfactory income, and as such it appears to have significant untapped potential.

 

The current owner placed integration with the surroundings and respect for tradition and the environment well above business development. Indicative of this philosophy was the decision not to build a swimming pool. Consequently, current financials are not representative of the potential of the Business.

 

A unique Guest House with untapped potential or a great country house for your family and friends? Choice is yours!

TRANSACTION TYPE

Asset Sale

 

 

REAL ESTATE

Land 1.500 sq. meters, buildings 250 sq. meters included in the sale

 

 

REASON FOR SALE

Inability to Finance Expansion

 

 

Financial data:  
Sales:
35.000 €
Profit:
15.000 €
Asking Price:
650.000 €
Down Payment :
270.000 €
 
For more information please contact us.

The financial figures presented in this section have been derived from the seller’s financial statements and/or form the seller’s tax returns and/or from seller’s representations. Recast profits (before interest, taxation depreciation and amortization) and sales have been normalized to reflect a typical fiscal year for the business.

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