Restaurant Business for sale in Palaio Faliro. ID A6-492

Palaio Faliro, Greece

€50,000

Description

Restaurant Business for sale in Palaio Faliro. An exceptional opportunity awaits with this profitable restaurant business for sale in Palaio Faliro, one of the vibrant southern suburbs of Athens. The establishment, operating since 2021, spans a modern 90 sq.m. space on the ground floor, and is equipped with air conditioning for year-round comfort. This thriving restaurant has achieved an impressive annual turnover of €300,000, reflecting its successful operation and strong market presence. It boasts a prominent location in a bustling area, contributing to its consistent customer flow. The rent for the premises is €1,500 per month, a reasonable rate considering the high-traffic location. The business operates seamlessly as a sit-in, take-away, and delivery service, catering to a diverse clientele with a unique and stylish ambiance. It includes an extensive investment in its infrastructure, with €80,000 allocated to construction and €45,000 to equipment. Additionally, the restaurant benefits from a well-trained staff of eight and has invested €7,000 in a specialized Mexican menu crafted by a skilled chef. Moreover, the restaurant is fitted with an active carbon filter, ensuring high standards of air quality and customer comfort. This is a prime investment opportunity with significant potential for growth, thanks to its solid foundation and well-established operations. Restaurant Business for sale in Palaio Faliro. Location Information: An urban resort with a hint of the Orient, this waterfront suburb makes a scenic escape from the city center. Come to explore a ritzy marina, seaside park, and tasty Turkish-influenced cuisine. Separated from the sea by Posidonos Avenue, Faliro was once a seaside village of fishermen, shepherds, and farmers. Now its inner streets are dense with apartment blocks courtesy of the 1960s building boom. On the palm-lined promenade, play parks, an outdoor cinema, and a luxe marina generate a year-round resort vibe. Revived for the 2004 Olympics, this popular coastal suburb leans towards leisure. It may not possess the strong character of gritty Exarchia or cultured Kolonaki, but what Palio Faliro (shortened to Faliro by the locals) lacks in charisma, it makes up for with its pole position. It’s the gateway to the Athens Riviera and an easy jump-off point for Piraeus and the city center. Restaurants and cafes dot the pretty, glitzy Flisvos Marina, while its beach and waterfront promenade are a quick and scenic escape from urban life. The arrival of the game-changing Stavros Niarchos Foundation Cultural Centre in neighboring Kallithea in 2016 has also helped connect the dots and bring more dash to the area. You may visit our Golden Visa page, https://greek-golden-visa.com/ for detailed information regarding the procedure of applying for and obtaining the Greek Golden Visa, as well as all its benefits.  