Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Luxury Goods Import Retail In Cyprus For Sale

In All Towns, Cyprus
Asking Price:
€800,000 Inventory / Stock included
Sales Revenue:
€4,500,000
Cash Flow:
€1,350,000

This chain has presence in the two major towns in Cyprus (Nicosia & Limassol) with beautifully fitted and furnished shops in PRIME LOCATIONS. The shops were designed professionally to superior standards and have advanced security and surveillance systems. The shop fit-out alone cost in excess of ---.---.
Sells exclusive, super-luxury items created by renowned designers - all famous French, Italian and Swiss brands
In addition to the two shops on central locations in Nicosia and Limassol, it has a shop within Larnaca international airport duty-free. All shops are leasehold.
Asking Price includes the whole business undertaking as an ongoing concern: Exclusive agreements with manufacturers/designers, Furniture/Furnishings/Equipment, Leasehold Improvements of the shops, clientele.
Asking Price does NOT include value of stock which ranges from Euro 1,5 to Euro 2,0 Million. Exact value to be determined on closing (non-marketable or slow-moving stocks may be excluded from the deal). The business's Bank may extend a credit line for stock acquisition to suitably qualified buyers.
The General Manager and all personnel are highly experienced, well trained and can stay on, unless Buyer wants to replace them.
This is a stable and profitable business with sales in excess of Euro 3 Million and Gross Margin of about 45%
No seasonality and not subject to fashion trends or obsolescence. Items for sale hold their value indefinitely, many are collectors items
Recession proof and stable business as clients are all very high net worth individuals, locals and visitors

This is a highy confidential sale. Interested parties will need to provide satisfactory references and/or POF and then sign a Confidentiality Agreement

Property Information

Real Estate:

Lease

Business Operation

Years established:
30 years

Other Information

Inventory / Stock value:
€1,525 - included in the asking price

Contact Information

  1. Optional
  2. Country

  1. Optional
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our Terms and Conditions. Please note that BusinessesForSale.com will send the above details to Dealmasters D.M. Ltd. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Free Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here