Business for sale in Crete. ID 01-152

Old Town, Chania, Greece

€280,000

Description

Business for sale in Crete, a thriving well presented cafe-snack bar-restaurant, perfectly located where the heart of Chania beats in the most touristy area of the city, presents a perfect opportunity to get a profitable business that still has lots of potential growth... Right there, in one of the most vibrant parts of the city, is this great business situated fitted furnished and equipped to a very high standard. Enviably situated in an excellent trading position in, what is without doubt, one of the city's most affluent and sought after locations! Occupying a building of 105m² , of which 80m² is the ground floor and 25m² is the first floor, this business is operating since 2007. On the ground floor there is a kitchen, a food preparation room and one toilet with access for the disabled. On the building's first floor, there is a storage room and a toilet. There are four (4) tables of 4 persons each inside the cafe premises while it benefits from its vast yard in which there are 25 tables of 4 persons each on the outside, offering 116 chairs in total. The business operates from April to October from 6am to 1am during tourist season, while the remaining months the operating hours are from 7am to 10pm. The clientelle consists of 8 persons during summer time: 4 waiters kitchen staff (4 people) and during winter time: 2 waiters kitchen staff (2 people) The main expenses are: 2500 euros for monthly rent 1200 euros for electricity bills 200 euros for water bills staff salary is 60 euros per day for each waiter and 50 euros per day for kitchen staff per person in summer. staff salary is 30 euros per day in winter. The turnover is approximately estimated to 400.000 euros a year and the net profit is annually 80.000 euros. We feel the turnover could be further increased by embarking on a modest marketing campaign to promote the business further. The cafe-snack bar-restaurant benefits from good local trade with loyal customers of all age groups making it an ideal opportunity to acquire an already busy business with scope for future development!