Restaurant for Sale in Agios Nikolaos, Greece
Profitable Cretan restaurant in tourist hub with strong reputation, available for full sale in Greece.
| Established | 20-30 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Sole Proprietorship/Sole Trader |
| Reported Sales | USD 280 thousand |
| Run Rate Sales | USD 280 thousand |
| EBITDA Margin | 0 - 10 % |
| Industries | Restaurants |
| Locations | Agios Nikolaos |
| Local Time | 9:03 AM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
90 thousand
(Native Currency: EUR 77,000)
Reason: The owner is looking to retire therefore selling the business.
Includes physical assets worth
USD
90 thousand
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Business Overview
- Operates an authentic Cretan restaurant in a prime tourist location near Agios Nikolaos, Crete, attracting both local and international visitors.
- Offers traditional Greek, Cretan, and Mediterranean cuisine using fresh, locally sourced ingredients and time-tested recipes.
- Accommodates up to 300 guests during peak summer season and 50 guests in winter, maximizing seasonal revenue potential.
- Built a loyal and repeat customer base supported by consistent quality, warm hospitality, and strong local reputation.
- Led by an experienced owner-chef with over 30 years in the hospitality industry, ensuring operational excellence and menu authenticity.
- High revenue is supported by strong seasonal demand, high table turnover, and efficient operations led by an experienced owner-chef with a lean team.
- Recognized with awards from Alpha Guide and TripAdvisor and featured in both Greek and international media.
- Operates from a ground-floor facility in a traditional setting with a spacious outdoor seating area and leased municipal square.
- The business has a business registration certificate.
- Offers traditional Greek, Cretan, and Mediterranean cuisine using fresh, locally sourced ingredients and time-tested recipes.
- Accommodates up to 300 guests during peak summer season and 50 guests in winter, maximizing seasonal revenue potential.
- Built a loyal and repeat customer base supported by consistent quality, warm hospitality, and strong local reputation.
- Led by an experienced owner-chef with over 30 years in the hospitality industry, ensuring operational excellence and menu authenticity.
- High revenue is supported by strong seasonal demand, high table turnover, and efficient operations led by an experienced owner-chef with a lean team.
- Recognized with awards from Alpha Guide and TripAdvisor and featured in both Greek and international media.
- Operates from a ground-floor facility in a traditional setting with a spacious outdoor seating area and leased municipal square.
- The business has a business registration certificate.
Products & Services Overview
Authentic Cretan and Mediterranean cuisine served to tourists, families, couples, and local diners seeking traditional dining experiences.
Assets Overview
Tangible assets include a fully equipped restaurant setup with kitchen and equipment valued at approximately EUR 85,000, offered at a discounted price of EUR 77,000; intangible assets include customer contracts, social media presence, and a ready-made website.
Facilities Overview
The restaurant is located on the ground floor in a picturesque traditional setting, featuring a spacious outdoor seating area and fully utilized indoor space. It operates under an active lease with a monthly rent of €500, with approximately 100 sq. m. of indoor area and an additional large outdoor square leased from the municipality at a nominal cost.
Capitalization Overview
There are no outstanding debts or loans. There are no participation rates; the business is owned by one owner.
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