business

CY0260L

CONVENIENCE STORE - NICOSIA

 
Business Type: Convenience Store
Location: , Nicosia, CYPRUS  
Type of Tenure: Leasehold
Business Reference: CY0260L
Asking Price: € 2.500.000
Annual Turnover €2.500.000
Monthly Rent €2.000
Stocks (at cost) Included
Reason for Sale Retirement
Accounts Available 2011
Years Established 23
Incorporated Business Limited company
Car Parking 25
Part-time/Seasonal Employees 2
Internal Area 260 sqm
Vendor Financing Negotiable
Full-time Employees 3
 

Description

  • Large and highly successful Convenience Store in Nicosia with 22 years tradition
  • Opening hours almost 24/7 (from 5:00 am to 3:00 am next day)
  • On busy main street within an area with rapid development.  Area population expected to increase by 4.000 next 4 years
  • Real prospect for increased sales over next few years due to increase in population
  • Stable clientele from locals as well as Students, Cypriot and foreign
  • Internal area 260 sq.m. plus separate storage adjacent to store 30 sq.m.
  • Ample parking for passers by in the front and for longer stay on the side (25 spaces)
  • Extensive range of products and services in addition to traditional Convenience Store items (Foodstuff, Toys, Stationery & Bookstore items, Copy Centre, etc.)
  • Air-Conditioned, Alarm System, Security Sytem with Camera surveillance
  • Stocks at cost around Euros 640.000 included in selling price
 

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
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