Business Overview
Highly regarded and well-established, this seaside restaurant enjoys a prime location with stunning sea views. A strong, loyal customer base of both locals and tourists keeps the business thriving. Fully equipped and operational, the kitchen and front-of-house facilities are well-maintained and up to date with all regulations. The business is ready to open the moment you sign, with a negotiated, stable rent contract in place.
The current owners are relocating to another country, but they are committed to a smooth transition and will provide assistance as needed. The restaurant has an excellent relationship with distributors, ensuring a seamless supply chain. All paperwork is prepared for your inspection, and the business has been audited annually by a professional accountant. All equipment, including the POS system, is in working order, making this an incredible opportunity to own a thriving, turnkey restaurant.
We have highly efficient employees that help us achieve minimum monthly sales of EUR 25k-35k.
The new buyer can hire part-time workers due to peak season.
The sales were lower than normal last year because we chose to operate the restaurant for only 8 months due to personal circumstances.
Products & Services Overview
Fully operational and licensed restaurant with 10 years history, a mixed clientele of locals and tourists, located between 3 hotels, with sea views, just off the main road.
Capitalization Overview
The business is funding itself, with no need for a cash injection. It is owned by a married couple through an LLC, it has no debts or credit lines.
Assets Overview
Tangible assets.
Fully operational kitchen worth EUR 100,000 with well-maintained equipment including a new Rational oven.
Greek-style tables for the interior, new tables and chairs for the terraces, and other furniture worth EUR 35,000.
Other assets worth EUR 65,000 include the POS systems, a fully functional and well-maintained bar, and fixtures.
The buyer gets a fully functional turnkey restaurant.
Full Sale
Asking Price:
USD
300 thousand
(Native Currency: EUR 280,000)
Reason: Relocation to home country due to family reasons.
Includes physical assets worth
USD
220 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business