£408,542 GBP | $511,571 USD
Type: Bar-Restaurant
Floor area: 170 m2
Agent/Owner:
Blue Sky Properties
Sotiris Achilleos
Location: Cyprus
Speaks: English, French, Italian, Russian
Display Phone No.
Advert last updated: 5/22/2024
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This well-established restaurant, boasting 20 years of successful operation, is now available for sale, presenting an excellent opportunity for seasoned restaurateurs or ambitious entrepreneurs looking to step into the culinary industry. Nestled in a prime street in the are of Kato Polemidia, this restaurant has cultivated a large base of loyal customers over the years and offers immense potential for growth and enhancement.
The restaurant's ambiance is steeped in traditional charm, with a cozy design that exudes warmth and hospitality. Upon entering, guests are greeted by a reception area featuring a visible cooking station, setting the stage for an immersive dining experience. The spacious indoor dining area seamlessly connects to an enclosed outdoor space, providing versatility for year-round service.
Key features of the establishment include three dedicated storage rooms, a convenient storage fridge, and a fully equipped preparation and cleaning kitchen located at the rear. Additionally, the restaurant is equipped with two guest restrooms and one for staff, ensuring comfort and convenience for both patrons and crew members.
This turnkey business comes fully licensed for food service, open-fire cooking, alcoholic beverages, and offers both dine-in and take-away options. Notably, the business model does not currently include delivery services, presenting an avenue for further revenue expansion.
With an expected Return on Investment (ROI) ranging between 15-20%, this opportunity is financially compelling. Importantly, this ROI projection is based solely on the current business model and operations, without factoring in potential additional revenue streams such as delivery services. The inclusion of delivery services, managed strategically by the new owner, could further enhance profitability and expand the restaurant's market reach. This presents an exciting avenue for the prospective buyer to maximize returns and unlock the restaurant's full potential.
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??t? t? ?a?? ed?a??µ??? est?at????, µe µ?a ep?t???µ??? ?e?t?????a 20 et??, e??a? t??a d?a??s?µ? p??? p???s?, p??sf????ta? µ?a e?a??et??? e??a???a ??a ?µpe????? est??t??e? ? f???d????? ep??e???µat?e? p?? ep???µ??? ?a e?s?????? st?? ß??µ??a??a ?ast????µ?a?. ???atest?µ??? se µ?a p????µ????a ?d? st?? pe????? t?? ??t? ???eµ?d???, a?t? t? est?at???? ??e? a?apt??e? µ?a µe???? ß?s? p?st?? pe?at?? µe ta ?????a ?a? p??sf??e? te??st?? d??aµ??? ??a a??pt??? ?a? ße?t??s?.
? atµ?sfa??a t?? est?at????? a?t??e? pa?ad?s?a??? ???te?a?, µe ??a? f????e?? s?ed?asµ? p?? e?p?µpe? ?estas?? ?a? f????e??a. ????? µpa??ete, ?? ep?s??pte? ?p?d????ta? ap? ??a ???? ?p?d???? µe ??a? ??at? sta?µ? µa?e???µat??, ??t??ta? t? s???? ??a µ?a eµß??µat??? eµpe???a fa??t??. ? e???????? es?te????? ????? fa??t?? s??d?eta? a?µ????? µe ??a? ??e?st? e??te???? ????, pa?????ta? e?e????a ??a ?p??es?a ??? t? ?????.
????a ?a?a?t???st??? t?? ?atast?µat?? pe???aµß????? t?e?? e?d????? ap????e?t????? ??????, ??a ß????? ???e?? ap????e?s?? ?a? µ?a p????? e??p??sµ??? ??????a p??et??µas?a? ?a? ?a?a??sµ?? p?? ß??s?eta? st? p?s? µ????. ?p?p????, t? est?at???? d?a??te? d?? ap?????t???a ??a t??? pe??te? ?a? ??a ??a t? p??s?p???, e?asfa?????ta? ??es? ?a? e?????a t?s? st??? pe??te? ?s? ?a? sta µ??? t?? ?µ?da?.
??t? ? ?t??µ? ep??e???s? d?a??te? p???e?? ?de?e? ??a ?p??es?a fa??t??, µa?e???µat?? µe a????t? f?t??, a?????????? p?t?? ?a? p??sf??e? t?s? e??p???t?s? `dine-in` ?s? ?a? `take-away`. S?µa?t??? e??a? ?t? t? µ??t??? ?e?t?????a? de? pe???aµß??e? ?p??es?e? `delivery`, p??sf????ta? µ?a d?ad??µ? ??a pe?a?t??? a??pt??? t?? es?d??.
?e a?aµe??µe?? p?s?st? ap?d?s?? epe?d?se?? (ROI) p?? ??µa??eta? µeta?? 15-20%, a?t? ? e??a???a e??a? ??????µ??? pe?st???. ???a? s?µa?t??? ?a s?µe???e? ?t? a?t? ? p??ß??? t?? ROI ßas??eta? ap???e?st??? st? t????? µ??t??? ep??e???s?? ?a? t?? ?e?t?????e?, ????? ?a ?aµß??e? ?p??? p??a??? ep?p???? ???? es?d?? ?p?? ?? ?p??es?e? pa??d?s??. ? e?s?µ?t?s? ?p??es??? pa??d?s??, d?a?e?????µe?? µe st?at????? t??p? ap? t? ??? ?d???t?t?, ?a µp????se ?a ße?t??se? a??µ? pe??ss?te?? t?? ?e?d?f???a ?a? ?a epe?te??e? t?? a???? t?? est?at?????. ??t? a????e? t?? d??µ? ??a t?? p?????sµ? ?a µe??st?p???se? ?a?e?? ta ???d? ?a? ?a a?ade??e? t? p???e? d??aµ??? t?? est?at?????.
Spacious rooms
Corner
Restaurant
Bar
Reception
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