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Restaurant for Sale in Naxos, Greece

For Sale: Profitable and successful Greek restaurant on a seafront with 100 seating capacity.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 5 - 10
Legal Entity Private Limited Company
Reported Sales USD 350 thousand
Run Rate Sales USD 350 thousand
EBITDA Margin 30 %
Industries Restaurants
Locations  Naxos
Local Time 2:55 AM Europe / Athens
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 175 thousand (Native Currency: EUR 150,000)
Reason: Retirement.
Includes physical assets worth USD 35 thousand
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Business Name
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Business Overview
Well-established restaurant, working all year round with both local and tourist clientele (full listing of stable clients), It is very well located in Naxos center and has a sea view. The restaurant is 300m from the port, 100m from the town beach, and opposite town parking. Fully equipped kitchen and seating for 100 pax. Outside seating can be expanded even more.
The clientele peaks in the summer (tourist season) and is slow in the winter months (off-season).
The buyer gets the entire running business, physical assets, brand name, and licenses.
Products & Services Overview
All year-round open Greek restaurant that serves breakfast, lunch, and dinner.
Assets Overview
Tangible assets - fully equipped kitchen, fully equipped seating area, settled terrasse equipped for winter and summer, appropriate restrooms fixtures are worth EUR 30,000.
Intangible assets - all licenses, and brand name.
Facilities Overview
2-floor building, restaurant on first floor + front terrasse, cheap rent on a 6 years contract. No deposit was paid for the location. It is located in Central Naxos, Greece.
Capitalization Overview
Business is constantly expanding through its retained earnings. There are no debts. The business has 1 owner and no partners.
Recent Activity
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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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