Sea Front Cafe Bar For Sale

Business description

This successful sea-front cafe bar is open all year round and enjoys all day trade. It occupies an unique position on the island as it is the only establishment set up to cater for the ex-pat residents - a population which expands year on year.

Increasingly the ex-pat population is choosing to stay on the island throughout the year thus increasing the profitability of the business and guaranteeing an established return customer base. This is enhanced by the possession of long-term staff who have built solid relationships with the customers.

The above combined with the cafe's location (accessible to all of the town's main facilities) and the added bonus of being able to watch fabulous sun-sets over the Aegean all year round makes this business highly desirable.

Property information

Real Estate:

Lease

Lease terms:

12 year lease available

Location:

Located on the sea-front of Parikia. Within walking distance of the town's main facilities.

Other information

Expansion potential:

The layout of the interior of the cafe could be re-designed to enable more seating as the interior can become uncomfortably crowded in the winter.

The cafe has built a reputation for providing a flexible and innovative menu. Further expansion of this in providing a take-away service is planned.

Competition / Market:

The business is unique and at present foresees no threats.

Support & training:

The present owner is willing to assist the buyer for one calender month on a no-fee basis.

Reasons for selling:

The owner is a fully qualified chef and has the opportunity to purchase a restaurant on the island. The capital from the cafe sale will enable this venture to move forward more quickly.

Trading hours:

10am-10pm Winter. 9am-2am Summer

Furniture / Fixtures value:

€10,000

Inventory / Stock value:

€2,000

Related documents:

• 
• Sample of menu

• 
• Flyer

Contact the seller

For more information about this business for sale, click the Contact Seller button.

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