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Cafe for Sale in Athens, Greece

Purchase 2 well-established cafe franchises in Athens, Greece with strong online presence and high footfall.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 800 - 900 thousand
Run Rate Sales USD 840 thousand
EBITDA Margin 15 %
Industries Cafes
Locations  Athens
Local Time 12:52 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 600 thousand (Native Currency: EUR 550,000)
Reason: The business is being offered for sale because the current manager, who is the promoter's brother, w... View More
Includes physical assets worth USD 270 thousand
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Business Overview
- The business is 2 well-known coffee shop franchises located in Athens, Greece.
- A single company owns both the coffee houses and that company is for sale.
- The promoter has already paid a one-time fee to the franchise, with no further charges, aside from sourcing coffee and some food items from the franchise, ensuring a stable and predictable cost structure.
- Average ticket size ranges from EUR 5 to 7, with online delivery sales accounting for 25-30% of total sales, showcasing a strong and growing online presence.
- Both selling points experience high daily footfall, with over 300 customers visiting the coffee shops daily, showcasing consistent sales and customer engagement.
- The business demonstrates robust financial performance, generating monthly revenues between €50,000 and €60,000, highlighting strong profitability and steady cash flow.
- Strategically located in high-traffic areas of Athens, the selling points benefit from excellent visibility and accessibility, attracting both locals and tourists and presenting an opportunity for further growth and expansion.
- The business is registered and has approvals and licenses to operate.
Products & Services Overview
The business's top-selling products include:
- Espresso-based beverages, pastries, baked goods, light meals and snacks.
Our customers are professionals, students, families, and casual visitors.
Assets Overview
When purchasing the coffee shop business in Athens, the buyer would acquire a mix of tangible and intangible assets. Here’s a detailed list:
Tangible assets:
1. Real estate and leases:
- Two prime location properties on lease agreements in Athens.
2. Furniture and fixtures:
- Indoor and outdoor seating arrangements (tables, chairs, benches).
- Countertops, display cases, shelving units.
3. Equipment:
- Espresso machines, coffee grinders, drip coffee makers.
- Refrigeration units, ovens, microwaves, blenders.
- Point of sale (POS) systems and cash registers.
- Cleaning equipment and supplies.
4. Inventory:
- Coffee beans, tea leaves, and other beverage ingredients.
- Pastries, baked goods, and other food items.
- Paper goods, utensils, cups, and packaging materials.
5. Decor and signage:
- Interior decor elements, artwork, and branding signage.
Intangible Assets:
1. Brand and reputation:
- Established brand name with a strong reputation in Athens.
- Loyal customer base and high daily footfall.
2. Goodwill:
- Positive relationships with suppliers, partners, and the local community.
3. Intellectual property:
- Trademarked brand name and logo.
- Proprietary recipes and unique product offerings.
4. Digital presence:
- Website and domain name.
- Social media accounts.
- Customer database.
5. Operational processes:
- Standard operating procedures (SOPs) for daily operations.
- Training manuals for staff.
6. Vendor contracts:
- Established contracts with suppliers for coffee beans, food items, and other essentials.
7. Licenses and permits:
- Business licenses, health permits, and any other relevant certifications.
8. Loyalty programs:
- Existing customer loyalty programs and their data.
By acquiring these assets, the buyer would be well-equipped to continue and expand the successful operation of the coffee shop business. This mix of tangible and intangible assets ensures a seamless transition and provides a strong foundation for future growth.
Facilities Overview
The coffee shops boast internal and external seating areas, accommodating 70 and 30 people each at a time and providing a comfortable and inviting environment for all guests.
- One of the coffee shops has an area of 120 sq m and incurs a monthly rent of EUR 2K.
- The other coffee shop has an area of 300 sq m with 2 floors and incurs a monthly rent of EUR 3.5K.
Both the shops are located in a prime location in Athens.
Capitalization Overview
A single proprietor owns the business and has no outstanding debts or loans, indicating a stable and healthy financial situation.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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