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Pizzeria And Fried Chicken Snack Bar For Sale

Paralimni, Famagusta District, Cyprus
Asking Price:
€145,000
Sales Revenue:
€170,000
Cash Flow:
Available on request

This large and distinguished snack-bar is located on the commercial centre of Paralimni Town (population 15.000), but is still very close to the tourist areas of Paralimni-Protaras.

This is an ideal business for someone who wants to enjoy living very near the pristine beaches of Paralimni-Protaras area, without suffering the high seasonality of tourist establishments.

Due to its central location, the business attracts mostly locals, so there is no seasonality – actually, the peak season is from October to May and not in the summer months. However, in the summer there is also good delivery business with tourists staying in the beach resorts on the coast, which is only 2 km away.

The business rents a whole building and offers spacious dining areas. It has 6 private parking spots, however there is also plenty of free parking on the street.

Specialties are fried chicken and oven-baked pizza. In addition, the business offers a wide variety of fast food & snacks, for dine-in (74 covers inside and outside) as well as take-away or delivery. Opening hours are from 10:00am to 11:00pm every day, except Sunday when it opens at 4:00pm and closes at 11:00pm.

The business offers a very high quality, modern environment with attractive interior decoration, high quality furniture & fixtures and retractable glass doors all along the façade.

The business has all the necessary licenses and has passed all inspections (Town Planning & Building Permit, Cyprus Tourism Organization license, business license, alcohol license, health and fire department clearance).

The kitchen is fully equipped with professional deep friers for chicken, gas grill, friers for chips, hot plate, salad bar, pizza oven, and plenty of counters with refrigerated storage as well free-standing refrigerators. There is also a separate dish-washing area and plenty of storage in separate rooms in the back. Finally, there is an extra room with a bed which can serve as an office and a rest area.

This is a stable, mature, well-managed and very well set-up business, which can be managed by two persons full-time and two more part-time during peak hours.

The owners need to sell this business due to pressing family obligations.

The cash-flow of the business ensures repayment of the Asking-Price in a maximum of 3 years.

Property Information

Real Estate:

Lease

Business Operation

Years established:
4

Contact Information

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