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Profitable Cafe for Sale in Thessaloniki, Greece

Coffee and bar cafe with 2 outlets in Thessaloniki and seating capacity of 80 each.
This Business is on a Premium Plan
Established 10-20 year(s)
Employees 10 - 50
Legal Entity General Partnership
Reported Sales USD 430 thousand
Run Rate Sales USD 450 thousand
EBITDA Margin 40 %
Industries Cafes
Locations  Thessaloniki
Local Time 12:30 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 590 thousand (Native Currency: EUR 550,000)
Reason: The owners want to sell the business due to family obligations.
Includes physical assets worth USD 107 thousand
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Business Overview
- Coffee and bar cafe with 2 outlets in Thessaloniki, offering a prime location for attracting locals and tourists.
- Each outlet has the capacity to accommodate 80 persons indoors and outdoors, providing ample space for customers to enjoy their dining and drinking experience.
- Specializes in serving European cuisine.
- Menu comprises of an extensive range of beverages including coffee, wine, mocktails, and smoothies, complemented by a delectable selection of pastries and desserts.
- The business offers both dine-in and takeaway options, catering to a diverse customer base.
Products & Services Overview
Serves European cuisine.
Menu comprises of:
Beverages - coffee, wine, mocktails & smoothies.
Snacks - pastries and desserts.
Top selling are coffee variants.
Customers include both locals as well as tourists and visitors.
Has both dine-in and takeaway.
Assets Overview
2x kitchen equipment, 2x bar equipment, furniture, electrical equipment.
Facilities Overview
2 rented cafe facilities.
First outlet - downtown, (G+1),
Second outlet - Private estate (G+1) in a highly commercial street in East Thessaloniki.
Capitalization Overview
Business funded by private assets.
No loan 100% privately owned by husband and wife with 99% with the promoter and 1% with the wife.
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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