Restaurant for sale, Greece. ID GrAt1-118

Nea Makri 190 05, Greece

€110,000

Description

Restaurant for sale, Greece; Very well established, this restaurant's for sale features include its great location (excellent trading position), fantastic kitchen facilities and good reputation that the business enjoys... Open since 1996, the restaurant is situated just 110m from the sea. It is a long established and very attractive business opportunity. Having an impressive client base, with growing potential and a strong operational team in place, this business has a very good name and benefits from a prime location. On the outdoor space, 250 seats are placed, whereas inside the restaurant there are 150 seats. The place is ideal for social events too! Part of the plot is covered with lawn. The restaurant is located in one of the best spots of the area, which is highly populated and touristic, and operates all year round. Due to its strategic location this promising business has high potential. The concern employs a cook, a kitchen lady and 3-6 waiters, depending on the season. There is licence for selling cigarettes available. During the summer period (May-October), 115.000 Euros is gained (turnover). The net income is 80.000 Euros whereas the expenses are approximately 30.000 Euros. The monthly rent is 700 Euros. The owner is selling the restaurant, due to retirement. The restaurant includes a firplace and central heating. Its equipment was replaced entirely in 2010. It is built in stone and there are two bathrooms available. This very good business opportunity provides meat, fish and home cooked meals. The owner is involved in the day to day running of the business. No marketing or promoting of the business has recently been undertaken as the business is well known. As far as competition is concerned there are other similar businesses in the area. The client base consists of mainly locals, repeat custom, referrals and recommendations. In general, this premise's features are: A business with great potential to grow. An easily run operation. Well trained staff A good first time buyers business Excellent product reviews from customers. Very low overheads. Business enjoys superb local reputation near It is very well presented and is very conveniently laid out. All fixtures and fittings and equipment are included in the sale price. This restaurant presents a perfect opportunity to get a profitable business, within a reasonable price!