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Great Opportunity Licensed Cafe/ Bistro For Sale

Paphos, Paphos District
Asking Price:
€300,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€250K - €500K
Cash Flow:
€250K - €500K

Located in the Square on a main avenue in a busy Paphos suburb. It is a building visible from the main avenue and has parking on the side with capacity more of 40 cars, plus few of free parking on the road. The business is organized in two shifts – morning 9.00a.m till 17:00p.m and 17:00o.m till late and afternoon. It operates year-round (no seasonality).
Café Bistro has great dinners, its opens every day from 9:00 till late. The Atmosphere is International and European Cafe/Bistro with outdoor and indoor tables and a upscale atmosphere. It currently operates as International, Mediterranean cuisine, and café / bar.
The surrounding area is the traditional famous Yeroskipou deludes and there are also the municipality, church and behind the Byzantine museum. The avenue on which it is located is very busy with both local and commuter traffic.
Yeroskipou joined the antiquity in the wider cult of Paphian Venus, as an extension of the great temple of the goddess in Palepaphos. In this area there are also the famous “Holy Gardens” of Venus, a name preserved to this day in the name Yeroskipou (“Ierokipia”') . From these gardens, according to the ancient Greek geographer Strabo, passed the procession of the faithful which ended in Palepaphos , on the occasion of the celebration of “Venereal”, the annual festival in honor of the goddess .
The most important monument of Yeroskipou is the Byzantine church of Agia Paraskevi (9th c.), A vaulted royal ancient church, placed by five domes. The frescoes which adorn the interior of the church is the most important Byzantine frescoes of Cyprus. Great interest is a carved Hylates Sanctuary of Apollo , the only of its kind in Cyprus , dating from at least the 5th century BC.
The historic '' home Hadjismith '' , is an excellent example of traditional architecture , and it houses the Folk Art Museum since 1978 . In the museum is exposed a large collection of objects, connected with the daily life, the various occupations and professions, and with the various expressions of popular art in Cyprus from the 19th and the first decades of the 20th century and finally it is also the Byzantine Museum of the Holy Metropolis Paphos.
Yeroskipou is in the east of Paphos Cyprus , and it expands in an area of more than 10 sq. Km . It has a population of over 8000 people.
The historic center of Yeroskipou lies 4 kilometers east of the town of Paphos. Yeroskipou has an excellent road connection. On its northern border it is the highway which connects Paphos to the other cities of Cyprus, while at a distance of 10 kilometers from it, is The Paphos International Airport.
The restaurant equipment, furniture and fixtures cost around EUR150.000 and are all included in the price. Some items listed below:
3 Freezers; 2 professional refrigerator; 2 upright display fridges; 2 cool bar; Professional kitchen; Ventilation system; Sound system & speakers; 2 traditional brick ovens; tables & chairs for 200 covers.
The facilities include one storage rooms, kitchen, a charcoal grill, interior seating for at least 60 persons and more than 150 persons outside in the square.
This very well established and profitable business is offered at a relatively low price, as the owner works to the government.

Property information

Real Estate:

Lease

Location:

Paphos, Cyprus

Business Operation

Reasons for selling:

Owners works to the government as a civil engineer

Trading hours:

6:00 a.m until 01:00pm every day

Employees:
4 in the winter time (3 months) 6 in the spring time (2 months) and 12 in the summer time (7 months)
Years established:
3

Other Information

Support & training:

Support & Training

Owner financing:
Owner financing is available. Please contact the seller for more information.
Furniture / Fixtures value:
€150,000 - included in the asking price
Inventory / Stock value:
€15,000 - included in the asking price

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