Warm Weather Euro - Zone Bar - Business For Sale

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Listing ID: 700122852

Listing Title: Warm Weather Euro - Zone Bar - Business For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=122852

Industry: Bars and Nightclubs

Industry Segment: Bars and Pubs

Country: Cyprus

State / Province:

Area

City: Paphos

Asking Price Range: < $250K

Gross Revenues: Seller Will Provide

Cash Flow: Seller Will Provide

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2003

Number of Employees: 4 - 5

Business Description:
Tired of slaving away forever lining somebody else's bulging pockets? Then come and live your dream on the sunny Mediterranean Island of Cyprus! Socialize with a wealth of interesting and well travelled enthusiasts, while simultaneously enjoying a good standard of living This is an amazing opportunity to be your own boss.The active Bar for sale is situated in the heart of the bustling tourist area of Paphos,close to the Sea Front and access by car to the Paphos International Airport. The sale includes the Limited Company registration,which is a legal requirement whilst running any Cypriot business and will enable the New Patrons to concentrate on earning a living from the out set.There are absolutely No hidden Local or Foreign shareholders involved in the Company,as opposed to many other similar businesses trading on the Island.The business is continually busy with both Locals,Foreign Tourists & Ex-Pats,to whom is guaranteed a relaxed and welcoming atmosphere,with reasonably priced drinks and healthy sports coverage plus in-house entertainments which are played out all year round.The bar will comfortably accommodate seating internally and externally in excess of a 100 people.All legitimate food & beverage licences are up to date (which includes a food licence that is presently Not in use and therefore leaves plenty of scope for immediate expansion in that particular field).The day to day trade has been progressively built up over a number of years to a busy,but not overly energy sapping business,which would prove ideal for either a couple or family looking to earn a decent crust,but still having enough time to enjoy their profits.As a gesture of good faith both of the present Directors offer to be on hand to answer any outstanding questions with the new owners at the outset of their new dream adventure and to assist with the handover, enabling a smooth transition.



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