Restaurant for Sale in Larnaca, Cyprus
Fully equipped restaurant and bar located on the seaside promenade in the center of Larnaca.
Premium Plan
| Established | 20-30 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 980 thousand |
| Run Rate Sales | USD 980 thousand |
| EBITDA Margin | 25 % |
| Industries | Restaurants |
| Locations | Larnaca |
| Local Time | 4:11 PM Europe / Athens |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
1.15 million
(Native Currency: EUR 980,000)
Reason: The reason for sale is retirement of both shareholders.
The valuation is based on our reputation in...
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Includes physical assets worth
USD
350 thousand
Name, Phone, Email
Not disclosed
Business Name
Not disclosed
User Verification
Business Overview
- Restaurant and bar situated in a prime location on the seaside promenade in the center of Larnaca,
- The business offers a diverse menu featuring a wide selection of local and international cuisine, including breakfast platters, pastries, appetizers, seafood platters, grill items, burgers, crepes, wraps, fajitas, and desserts, complemented by a top-selling bar menu featuring wine, beer, and ale.
- With a seating capacity of 200, the restaurant is well-equipped to accommodate a significant number of customers.
- The restaurant is strategically located in the most prominent sea side promenade of town, in close proximity to various amenities and shopping outlets, as well as within a 15-minute drive from the airport, enhancing its accessibility and potential customer base.
- Has both local and tourist clientele, offering potential for sustained growth and profitability.
- The business offers a diverse menu featuring a wide selection of local and international cuisine, including breakfast platters, pastries, appetizers, seafood platters, grill items, burgers, crepes, wraps, fajitas, and desserts, complemented by a top-selling bar menu featuring wine, beer, and ale.
- With a seating capacity of 200, the restaurant is well-equipped to accommodate a significant number of customers.
- The restaurant is strategically located in the most prominent sea side promenade of town, in close proximity to various amenities and shopping outlets, as well as within a 15-minute drive from the airport, enhancing its accessibility and potential customer base.
- Has both local and tourist clientele, offering potential for sustained growth and profitability.
Products & Services Overview
Restaurant and bar with a wide selection of menu and drinks.Cuisine served - local & international.
Menu includes - breakfast platters, pastries, appetizers, seafood and meat platters, grill items, burgers, crepes, wraps, fajitas, desserts etc. complemented by a top-selling bar menu featuring wine, beer, and ale.
Top selling on the food menu are platters.
Assets Overview
Tangible assets include inventory, kitchen equipment, furniture, fixtures etc.
Facilities Overview
The restaurant has a total area 350 m2, one floor.Includes an inside area with a bar and kitchen and an attractive fully air-conditioned outside seating area with floor to ceiling windows and sea view.
Located in Athenon Avenue, Larnaca.
Capitalization Overview
Self-funded by owners.No outstanding loans or debts.
Business has 2 partners, 8 full time employees and several seasonal employees.
Recent Activity
-
Earlier than 15 daysMD, Architecture And Interior Design, Beirut, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysCEO, Digital Solutions, Amman, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Construction & Real Estate, Navi Mumbai, Individual Investor / Buyer connected with the Business
Tags:
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·Purchase Restaurant in Larnaca, Cyprus
·Buy Restaurant in Larnaca, Cyprus
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·Casual Restaurant for Sale
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