Tex - Real Classic Mediterranean Restaurant
www.GlobalBX.com
Listing ID:
700166076
Listing Title:
Tex - Real Classic Mediterranean Restaurant
Quick Link:
http://www.globalbx.com/listing.asp?bId=166076
Industry:
Food and Beverage
Industry Segment:
Restaurants and Fast Food (Non-Franchise)
Country:
Cyprus
State / Province:
Area
City:
Paphos
Asking Price Range:
$250K - $500K
Gross Revenues:
$360,000
Cash Flow:
$360,000
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
2008
Number of Employees:
10 - 19
Business Description:
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
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