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Restaurant for Sale in Ypsos, Greece

Established Italian seaside restaurant/pizzeria with 80–100 seats, seasonal operations, food and alcohol licences for sale.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 223 thousand
Run Rate Sales USD 230 thousand
EBITDA Margin 10 - 20 %
Industries Restaurants
Locations  Ypsos
Local Time 3:37 PM Europe / Athens
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 90 thousand (Native Currency: EUR 80,000)
Reason: The owner is facing health-related challenges and wishes to dedicate more time to personal well-bein... View More
Includes physical assets worth USD 90 thousand
Interested in connecting with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
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Business Overview
- Italian seaside restaurant/pizzeria featuring a dining area with approximately 80–100 seats and tables overlooking the sea.
- Offers a range of Italian and international food, including appetisers, pasta, pizzas, Italian breakfast, and English breakfast.
- Popular breakfast offerings include croissants, cappuccino, and coffee, while the dessert menu features Italian specialities such as tiramisu and panna cotta.
- The beverage selection includes white, rosé, and red wines, along with cocktails.
- Attracts approximately 200 walk-in customers per day during its operating season.
- Currently operates for approximately four months annually as a seasonal business.
- Operations have been limited due to the promoters' personal circumstances. A buyer may have the opportunity to extend the operating season by an additional two to three months.
- The restaurant offers an established seasonal hospitality concept with potential to increase operating days and revenue under new ownership.
- Holds food and alcohol licences.
- The owner is offering the restaurant for sale, providing an opportunity to acquire an existing seaside dining setup with established customer footfall.
Products & Services Overview
- Products: Italian pizzas, pasta, appetisers, Italian and English breakfast, croissants, coffee, tiramisu, panna cotta, wines, and cocktails.
- Clientele: Tourists, seaside visitors, holidaymakers, and customers seeking Italian dining and café experiences.
Assets Overview
Tangible assets:
- Fully equipped restaurant and pizzeria setup comprising an electric pizza oven, a commercial kitchen with a 6-burner cooking range, pasta-making machine, dishwasher, stainless-steel work counters, multiple ovens, refrigerators and freezers, glass washers, an osmosis water filtration system, pizza preparation bench, mixer, sink, and various kitchen tools.
- The assets also include indoor and outdoor dining furniture, such as tables, sofas, veranda seating, and beach seating arrangements.

Intangible assets:
- Positive social media ratings and a loyal customer base.
Facilities Overview
The business operates from premises with approximately 89 sq. m. of indoor space, 100 sq. m. of outdoor space, and an additional 15 sq. m. beach area. The facility has a seating capacity of approximately 80-100 guests. The business benefits from a highly favourable long-term lease agreement, with a current monthly rent of EUR 1,080 and a modest annual increase of only EUR 50.
Capitalization Overview
- Has no loans.
- Sole-owner business.
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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1 Buyer viewed this Business this week. Register below to connect now!
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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