Country Region   Location
 
 
     
Price range   Business type   Reference Franchises
   
   
     
 
HOME
BUY A BUSINESS
SELL A BUSINESS
MID-MARKET
TRANSACTIONS
CORPORATE
SERVICES

 

Reference: CY0318L

CONVENIENCE STORE ON BUSY AVENUE - LARNACA
 
print
Business Type: Convenience Store
Location: Larnaca Town Centre, Larnaca, CYPRUS 
Type of Tenure: Leasehold
Business Reference: CY0318L
Asking Price: € 250.000
Annual Turnover €805.000
Gross Profit Margin 16%
Monthly Rent 1500
Stocks (at cost) €60.000
Reason for Sale Health problems
Accounts Available All years up to 2016
Years Established 20
Incorporated Business LIMITED COMPANY
Car Parking IN FRONT OF SHOP
Full-time Employees 1
Part-time/Seasonal Employees 2
Internal Area 150 sq.m.
 

Description

This very well established business is offered for sale at a discounted Price due to owner’s health problems.

The Convenience Store enjoys an excellent location on one of the busiest avenues in Larnaca, with steady clients from passers-by and from residents or office employees in the surrounding area.

  • Turnover is steady around €800.000 annually
  • Plenty of convenient parking right infront of the store
  • Vey well set-up and organized store, fully equipped and furnished, fully stocked (see photos)
  • Has all necessary permits, including license for sale of alcohol.
  • Has large storage area in Mezzanine floor, with goods elevator connecting it to Ground floor.
  • All Convenience Store items stocked, as well as take-away coffee.
  • Efficient management for over 20 years, ensures clean and easy transfer of business
  • Stocks with value-at-cost of EURO 50.000 – 60.000 included in Asking Price.

The business is conducted by a company with no liabilities, the busienss can be easily acquired by a transfer of shares.

 

Photos

  • The present business is offered for sale by DealMasters.  Any information downloaded or printed is intended strictly for private use by you as a Registered User of our web-site; it may not be copied, published or distributed in any manner. 
  • You are advised that this is a confidential sale, therefore no direct approach to the business owners or business premises should be made and all viewings should be arranged through DealMasters. 
  • Prior to disclosure of the identity of the business and/or its owners, business financials and other operational details, interested parties will sign the standard Confidentiality Agreement, which can be downloaded here or sent to you by fax upon request.
  • We do not perform any due diligence on businesses for sale, business owners, or the information provided by them.  Such information is passed on by us without any guarantee or responsibility. Interested Buyers are strongly urged to perform thorough due diligence prior to acquiring a business
< back





 
 
BEAUTY & HAIR SALON - NICOSIA CENTRE

Price:
€ 85.000
Ref: CY0338L
Region: Nicosia

Very well established beauty salon offering a wide variety of face & body treatments, branded products and hair-dressing...
 
 
BEAUTY & HAIR SALON - NICOSIA CENTRE

Price:
€ 85.000
Ref: CY0338L
Region: Nicosia

Very well established beauty salon offering a wide variety of face & body treatments, branded products and hair-dressing...
 
 
MEXICAN RESTAURANT FRANCHISE

Price: € 50.000
Ref: CY0003C
Region: Limassol

Tried and tested, successful Mexican Restaurant franchise offered to energetic restaurant business-persons throughout Cy...

 
 
DISTRESSED FOOD INDUSTRY IN CYPRUS

Price: POA
Ref: CYS122F
Region: All Districts

UNDER ADMINISTRATION: Food industry conglomerate with Net Tangible Assets €38 Million ...