7.5 / 10
 Tinos

For Sale: Wine restaurant on Tinos island with 56 seating capacity and amazing sea view.

Key Business Facts
Yearly Sales USD 346 thousand
EBIDTA Margin 30 %
Industries Restaurants
Locations  Tinos
Business Overview
- The business was registered four years ago and opened three years back. It serves Greek creative cuisine, Greek wines as well as cocktails and spirits.
It is located in the traditional village of Triantaros, on Tinos island, 6 km far from the port.
- It is a seasonal business and operates from the beginning of May to the end of October. However, as it has a covered space, it can also work during the winter period.
- The restaurant has gained a high reputation and has been distinguished and recommended by the prominent "Greek Gastronomy Awards" (9.4/10) and the "Restaurant Guru" (2021). It has also a strong reputation on social media (5 stars on Tripadvisor).
- Conservative estimates provided for our sales, we can disclose books of accounts to interested buyers.
- Buyer gets all the appliances of the kitchen, furniture, newly renovated fixtures, legal entity, licenses, brand name, goodwill, and VAT refund of EUR 10k on future sales.
- Debt-free family-owned business with an ownership split of 60:30:10.
Products & Services Overview
Serve wines, creative Greek cuisine, cocktails, and spirits. Also serve take away for both food and wines.
Triantaros village is one of the most popular destinations on Tinos island due to the short distance from the port and the magnificent views. Near the restaurant, there are two luxury accommodation units as well as several Airbnbs that provide the restaurant with a high-quality clientele. Moreover, Tinos has been recorded as one of the distinguished gastronomic and wine destinations in Greece.
Assets Overview
Tangible assets - full (new) kitchen equipment, furniture, and new fixtures. Intangible assets - brand name, the high reputation of the restaurant, client base; buyer will also profit € 10,000 VAT refund on future sales due to the depreciation of the investment.
Full Sale
Asking Price: USD 83 thousand (Native Currency: EUR 72,000)
Reason: The place has been created and owned by two journalists and a filmmaker who have been busy with thei... View More
Includes physical assets worth USD 67 thousand
Interested to connect with advisors
In talks with 3 Investors
Contact Business or Enquire on WhatsApp