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Multi-Leisure Entertainment Plaza
Location: Cyprus
Industry: Entertainment and Leisure > Other Entertainment and Leisure




Business Summary

A unique, freehold, multi-purpose entertainment plaza with components of traditional architecture, built in an approximate total covered area of 2.180 sq. met. of GLA in two floors, in a plot of land of 1,149 square metres. It can be described as a modern high-quality commercial landmark, combining modern and conventional design, spacious areas and very good quality finishes.

Due to the flexibility and versatility of its rooms and common areas, it can accommodate a wide range of social and corporate events and functions in the spacious ball rooms, with the use of its high technology equipment and facilities. In addition, it hosts a number of separate leisure business cash generating units, like a very successful restaurant tavern, a cozy bar, a night club for special events, a coffee lounge, a shop reception area, a conference room, kitchen areas to cater for around 500 guests, and other ancillary facilities. It is a one-stop-shop, fully equipped to host and provide entertainment and leisure for more than 1.000 guests in all its areas combined.

The asset has a number of advantages such as a music system composed of seven units which work both independently and in combination, flexibility with opening partitions and glass systems, translators system for conferencing, CCTV, modern lighting systems, TVs and projectors, and sound insulation and sound proof doors throughout. The property has title deeds, CTO License to operate the businesses within, alcoholic drinks license, planning permit, building permit, final building approval and a registered trading name.


Financials

Asking Price Range:  $5.0M - $10.0M
Gross Revenues:   $700,000
Cash Flow:   Seller Will Provide
Cash Flow Type:  EBITDA
Inventory:  $1,200,000
Seller Financing:  No

About The Business

Year Established:  2009
Number of Employees:  50 - 99
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes
Reason For Selling:  Owner fatique & other committments

Photos

View Larger Photo(s) Of Business
Multi-Leisure Entertainment Plaza Photo 1 Multi-Leisure Entertainment Plaza Photo 2 Multi-Leisure Entertainment Plaza Photo 3




Print Listing Id: 700227676
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Related Searches: Amusement Parks  >  Art Galleries and Museums  >  Billiards and Bowling  >  Casinos  >  Movie Theaters  >  Other Entertainment and Leisure  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Commercial Property For Sale > Commercial Property For Lease



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