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Tex - Real Classic Mediterranean Restaurant
Location: Cyprus -> Paphos
Industry: Food and Beverage > Restaurants and Fast Food (Non-Franchise)

Business Summary

The restaurant presents Mediterranean cuisine. Areas occupied by the restaurant can hold banquets, celebrations, birthdays, and holidays for children. Convenient location. The restaurant is equipped with all the list of proprietary equipment. Long-term contracts with all suppliers of food and beverage, packaging and supplies are signed.

The main clientele - local Cypriots and British, which indicates the high quality cuisine and service. There are ads in several magazines and some Englishs site. The first floor which can be used for an office or apartment is included in the rent.

Opened - in 2008.
Equipment - in the property.
Premises - rented
The area of ​​rented premises - 250 m
Lease contract to - 2012 with right of renewal
Cost of rent - 2500

Payroll month -. 4000
Average monthly income is -. 30 000
Average daily earnings -. 800
Number of visitors per month on average -700
Net profit per month on average -15 000

Price €295 000


Asking Price Range:  $250K - $500K
Gross Revenues:   $360,000
Cash Flow:   $360,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2008
Number of Employees:  10 - 19
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Reason For Selling:  Relocating investments.


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Tex - Real Classic Mediterranean Restaurant Photo 1 Tex - Real Classic Mediterranean Restaurant Photo 2 Tex - Real Classic Mediterranean Restaurant Photo 3

Print Listing Id: 700166076
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