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Profitable Established Restaurant For Sale

Paphos Mandria, Paphos District, Cyprus
Asking Price:
€400,000 Furniture / Fixtures included
Sales Revenue:
€700,000
Cash Flow:
€250K - €500K
  • Business is located very close to the Airport of Paphos , surrounded of large villages as Kouklia, Anarita, Secret Valley,Afrodite Hills, ….
  • Located on the main old road of Limasol Paphos and very easy to be reached from Highway and on the way to the airport.
  • Customers are locals from all around the villages and tourists from other Cities or going to the airport.

Property Information

Real Estate:

Lease

Lease Terms:

unlimited

Leasehold Rent:

€2,000 per annum

Location:

main old road of Limasol - Paphos and very easy to be reached from Highway and on the way to the airport.

Premises Details:

very close to the Airport of Paphos , surrounded of large villages as Kouklia, Anarita, Secret Valley,Afrodite Hills, ….

Size in square feet:
Restaurant 1080 ㎡ and 2485㎡ parking
Planning Consent:

A permissions

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Can be transformed as Event venue 1000 - 2000 people.
Can be transformed as Bakery / Supermarket which doesn't exist in this area.

Competition / Market:

Local and Tourtist customers

Reasons for selling:

Retirement

Employees:
5
Years established:
16

Other Information

Support & training:

6 months

Furniture / Fixtures value:
€250,000 - included in the asking price
Inventory / Stock value:
€10,000
Relocatable:
This business can be relocated