business

CY0512L

RESTAURANT - LIMASSOL

 
Business Type: Restaurant
Location: Greater Limassol, Limassol, CYPRUS  
Type of Tenure: Leasehold
Business Reference: CY0512L
Asking Price: € 120.000
Annual Turnover €400.000
Gross Profit Margin 70%
Monthly Rent €3.600
Reason for Sale Retirement
Accounts Available Yes
Years Established 5
Incorporated Business YES
Car Parking 15
Part-time/Seasonal Employees 1 to 4
Internal Area 300sqm incl. Mezzanine
Internal Seating 120
Terrace Area 160sqm
Terrace Seating 150
Full-time Employees 6
 

Description

  • Main restaurant seating area for 120 persons plus small dancing floor and bar
  • Handicapped toilets, kitchen and storage on Ground Floor
  • Large windows all around with views of 5* hotels
  • Its terrace is at elevation of 2.70m above the road affording nice views
  • Mezzanine (50s.m) has guest toilets and office
  • 200 s.m. Basement with separate garage door entrance, large storage area, plus personnel toilets, changing room and shower
  • Covered terrace on 3 sides (130sq.m) plus uncovered patio on one side (30sq.m) with total seating outside 150
  • Well Established and Maintained Business
  • Has all Licenses (Municipal, CTO, Health Department)

Whole Building in which Restaurant is located is also offered for sale at Euro 1,85Μ

 

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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