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Restaurant for Sale in Xerokampos, Greece

Fine dining restaurant in Xerokampos, Sitia, serving Cretan and Mediterranean cuisine, seeking a strategic transaction.

Established 30-40 year(s)
Employees 10 - 50
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 350 thousand
Run Rate Sales USD 420 thousand
EBITDA Margin 10 - 20 %
Industries Restaurants
Locations  Xerokampos
Local Time 9:02 AM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 150 thousand (Native Currency: USD 150,000)
Reason: The onwer is looking for a change in career path.
Includes physical assets worth USD 70 thousand
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Business Name
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Business Overview
• Premier fine dining restaurant located in Xerokampos, Ziros (Sitia), known for its regional cuisine and distinctive location.
• Serves a combination of modern and traditional Cretan and Mediterranean dishes prepared using locally sourced ingredients and extra virgin olive oil.
• The restaurant has seating capacity for approximately 80–150 guests and serves around 100–200 customers per day.
• Its combination of regional cuisine, local ingredients, and unique setting has established the restaurant as a recognized local dining destination.
• Operates as a food and hospitality business with valid food and business licenses.
Products & Services Overview
Fine dining featuring modern and traditional Cretan and Mediterranean cuisine for local and visiting diners.
Assets Overview
Tangible assets:
- Furniture and fixtures worth EUR 40,000.
- Kitchen equipment worth EUR 30,000.
Facilities Overview
The restaurant features a prime location with unobstructed views and easy access, offering 120 sq. m. of indoor dining space and a 150 sq. m. covered courtyard for outdoor dining. It also has a significant competitive advantage with 2,000 sq. m. of private parking. The premises are rented.
Capitalization Overview
- Sole owner.
- No loans or debts.
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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