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Listing ID: 1892327

First Of Its Kind Restaurant For Sale

Center of Town, Nicosia, Cyprus

€ 1m to 5m

(Furniture / Fixtures included)

Revenue: € 500k to 1m

Cash Flow: € 500k to 1m

Business Description

The first Greek traditional restaurant with a modern twist in Cyprus. Located in the center of Nicosia it is now a point of reference for all. Feeding 200 - 300 people per day making us the highest grossing traditional restaurant in Cyprus.The Restaurant is hosted on premises owned by us, with all legal licences. There is a very big interest for franchising opportunities as many people have expressed their interest to acquire franchises from us.Need to sell due to the fact that i having pressing issues with my other projects.

Property Details

Size:

500 sqm

Years Established:

4

Property Type:

Lease

FF&E:

€ 50,000

Inventory Value:

€ 13,000

Other Details

Business Location:

Main Road Facing

Premise Details:

Seating for 150, with a lovely back yard.

Expansion Potential:

Almost ready with the franchise booklets with many people interested in acquiring a franchise.

Operation Details

Employees:

23

Trading Hours:

Every day from 11:00 to 23:00

Support & Training:

6 months of training and handover support.

Miscellaneous

Reason For Selling:

Need to concentrate on my other projects.

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