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Restaurant for Sale in Chania, Greece

Seafront Greek tavern in Chania with strong tourist demand, high ratings, offered for full sale.

Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 500 - 600 thousand
Run Rate Sales USD 570 thousand
EBITDA Margin 10 %
Industries Restaurants
Locations  Chania
Local Time 5:05 PM Australia / Darwin
Listed By Business Owner / Director
Status Recently Active
Overall Rating
Full Sale
Asking Price: USD 88 thousand (Native Currency: EUR 75,000)
Reason: The business is being offered for sale due to a family illness that requires the owner’s attention i... View More
Includes physical assets worth USD 29.5 thousand
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Business Overview
- Established seaside Greek tavern operating for multiple seasons with a strong reputation among tourists and locals.
- Operates seasonally from May to November, aligned with peak tourist inflow.
- Top-rated restaurant on Google with a 4.8 rating from over 650 reviews, reflecting consistent food quality and service standards.
- Prime beachfront location in Chania, positioned directly opposite the sea with no competing Greek taverns in the immediate area.
- Outdoor L-shaped dining area, fully covered, with seating capacity of approximately 85–88 guests.
- High daily footfall during peak season, averaging over 100 customers per day.
- Menu focused on traditional Greek cuisine, including souvlaki and grill-based offerings.
- Revenue-driven by tourist clientele, accounting for approximately 90% of total customers, with strong repeat visits.
- Recently expanded sales channels through food delivery platforms such as Wolt and E-food.
- Operated by a team of approximately 12 employees during the season.
- Fully equipped kitchen and dining setup with all equipment owned outright and no outstanding liabilities.
- Monthly revenue may appear high relative to the permanent employee count; however, the business also engages a significant number of part-time staff who actively support operations and contribute to revenue generation.
- The owner is currently based in Australia and remains available to be contacted regarding the sale of the tavern.
Products & Services Overview
Traditional Greek dishes and souvlaki served to predominantly international tourists staying in nearby villas and beach accommodations, supported by walk-in dining and delivery orders.
Assets Overview
Tangible assets include 26 tables, 100 chairs, two gyros machines, four freezers, six refrigerators, a grill, four microwaves, and a complete set of plates and utensils. Intangible assets include the business registration certificate.
Facilities Overview
The tavern features a fully covered, L-shaped outdoor dining area spanning approximately 140 sq. meters, with seating for around 80 guests across 24 tables. It serves traditional Greek cuisine and souvlaki, averaging roughly 100 orders per day during the peak season from June to October. The business has also recently added delivery services through Wolt and E-food. Monthly rent ranges between EUR 1,500 and EUR 2,100.
Capitalization Overview
The business is owned by a single proprietor, has no outstanding loans, and has been entirely funded by the owner.
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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