Bar for Sale in Chania, Greece
For Sale: Restaurant and bar located at the popular old port of Chania.
This transaction has concluded.
Premium Plan
| Established | 5-10 year(s) |
| Employees | 10 - 50 |
| Legal Entity | General Partnership |
| Reported Sales | USD 400 - 500 thousand |
| Run Rate Sales | USD 490 thousand |
| EBITDA Margin | 12 % |
| Industries | Restaurants + 1 more |
| Locations | Chania |
| Local Time | 2:42 PM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
80 thousand
(Native Currency: EUR 70,000)
Reason: The owner wants to focus on the main business of real estate and construction.
Includes physical assets worth
USD
80 thousand
Business Overview
- Seating capacity of the restaurant is 150 pax (inside & outside)
- The restaurant has a very good reputation & reviews on social media.
- There are 2 entrances, one from the historical square and one from the commercial road.
- It is located in a historical building with a unique interior design.
- Closed deals with 3 nearby hotels for breakfasts.
- We receive around 150 customers daily.
- Business possesses restaurant and bar licenses.
- Generate equal revenue by selling bought food and alcohol.
- The restaurant has a very good reputation & reviews on social media.
- There are 2 entrances, one from the historical square and one from the commercial road.
- It is located in a historical building with a unique interior design.
- Closed deals with 3 nearby hotels for breakfasts.
- We receive around 150 customers daily.
- Business possesses restaurant and bar licenses.
- Generate equal revenue by selling bought food and alcohol.
Products & Services Overview
- Famous for its breakfast and brunch, dinner with Mediterranean and Cretan cuisine, exceptional beef options, and an exceptional list of Cretan wines and cocktails.- The clientele is a mix of locals and tourists.
- Breakfast and brunch are also available for delivery and takeaway.
Assets Overview
The interior space has been fully renovated with a cost of EUR 110,000 which includes new electrical and hydraulic installation, high-quality marbles, new lights connected to a console for various lighting scenarios, a new complete sound system that can be adjusted between floors and exterior, designer wallpapers, designer chairs and marble tables. Fully equipped kitchen and 3 fully equipped bars.
Facilities Overview
The building is 200 sq. m on two floors. On the ground floor, there is a fully equipped kitchen and a bar and on the floor one more fully equipped bar and 2 toilets. At the exterior yard, there is also one more fully equipped bar.It is located in the north of the city.
We pay a monthly rent of EUR 3,000.
Capitalization Overview
- No loans, all equipment is paid for and the business is self-sufficient.- One owner holds 90% and the other holds 10% of the company.
Recent Activity
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Earlier than 15 daysBusiness Development Manager, IT Services, San Antonio, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysServer, Restaurant, George Town, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysOfficer, Research Services, Haderslev, Individual Investor / Buyer connected with the Business
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