Prosperous Family Run Restaurant For Sale

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Listing ID: 700127903

Listing Title: Prosperous Family Run Restaurant For Sale

Quick Link: http://www.globalbx.com/listing.asp?bId=127903

Industry: Food and Beverage

Industry Segment: Restaurants and Fast Food (Non-Franchise)

Country: Cyprus

State / Province:

Area

City: Pernera

Asking Price Range: < $250K

Gross Revenues: $60,000

Cash Flow: $60,000

Cash Flow Type: EBITDA

Year Established: 2005

Number of Employees: 4 - 5

Business Description:
45 Cover British restaurant for sale in the seaside resort of Pernera, Cyprus. 5 Minutes to nearest beach with 6 more beaches very close by. Surrounded by Villa's and Hotels. Open at the moment for Breakfast and Evening meals. Leaving afternoons for possible expansion. Family commitments back in U.K are forcing the sale. 130 000Euro's ono. Restaurant is leased for 16,000 per year. At present we are open just for summmer season which runs from middle of April to end of October. Expat community in area is high so opening all year round is possible. Bar next door already does open all year. All licences in place. All stock and equipment in price. Kitchen equipment is all new as of 4 years ago. All furniture new as of 4 years ago. Good will for as long as required.



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