Restaurant for Sale in Paphos, Cyprus
Scenic all-day restaurant in Paphos serving Greek-international cuisine with bar, events, and daily online orders.
| Established | 1-5 year(s) |
| Employees | 5 - 10 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 700 - 800 thousand |
| Run Rate Sales | USD 840 thousand |
| EBITDA Margin | 20 - 30 % |
| Industries | Restaurants |
| Locations | Paphos |
| Local Time | 8:07 AM Europe / Istanbul |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
760 thousand
(Native Currency: EUR 650,000)
Reason: The promoter is involved in another venture and is unable to dedicate time to this business.
Includes physical assets worth
USD
760 thousand
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Business Overview
- Stylish all-day restaurant located in Paphos, offering a scenic, relaxed venue for dining, drinks, and private events.
- Serves a curated menu of Greek and international cuisine, including popular dishes like steak, sea bass, fish, pasta, and also offers vegetarian options.
- Attracts around 100 dine-in customers daily, along with 25–30 online delivery orders.
- Hosts 15–20 private events per month, including celebrations and corporate gatherings.
- Operates with a flexible staffing model using part-time employees to manage seasonal and event-based demand.
- Licensed to serve food and alcohol, with a fully operational bar on-site.
- Serves a curated menu of Greek and international cuisine, including popular dishes like steak, sea bass, fish, pasta, and also offers vegetarian options.
- Attracts around 100 dine-in customers daily, along with 25–30 online delivery orders.
- Hosts 15–20 private events per month, including celebrations and corporate gatherings.
- Operates with a flexible staffing model using part-time employees to manage seasonal and event-based demand.
- Licensed to serve food and alcohol, with a fully operational bar on-site.
Products & Services Overview
Dine-in and event-focused Mediterranean dining experience with bar service, catering to both locals and tourists in Paphos.Popular dishes include steak, sea bass, fish, and pasta.
Assets Overview
Tangible assets:- Includes complete kitchen equipment, furniture, fixtures, fittings, and the entire operational setup.
These assets are valued at EUR 1.5 million and are being offered at a discounted price of EUR 650 thousand.
Facilities Overview
- Location: Situated on a hill with spectacular sea views, adjacent to a natural cave.- Lease terms: Rented property with 8 years remaining on the lease, renewable.
- Monthly rent: EUR 600.
- Area: 200 sq. meters (indoor area).
- Seating capacity: 150 (indoor and outdoor).
- Amenities: Includes a children’s playground, coffee station, and 2 fully equipped bars (indoor and outdoor).
Capitalization Overview
- Bank loan: EUR 400,000 (to be cleared upon sale).- Ownership: 4 partners holding equal shares (25% each).
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