Bar For Sale In Chania Crete

This great business is fully furnished and equipped while it is in perfect condition and no renovation is required. Right there, in one of the most vibrant parts of the city both during summer and winter time. Enviably situated in an excellent trading position in, what is without doubt, one of the city's most affluent and sought after locations! The cafe-bar is operating all year long.

Occupying the first floor of a building, it totals 200m² along with a 15m² storage room. The cafe-bar is operating since 2011 and has been serving its customers on a daily basis. This local business consists of two main rooms, one with a big bar with bar stools and a dj booth and another one with a toilet and a billiard hall which is equipped with 1 American Billiard .

Currently the business is operating with five (5) people working from 6pm to 3am:

* 3 waiters

* 2 barmen

Every day there is a Dj for themed nights while there is another person appointed in the reception to welcome the customers.

The main expenses are:

* 1.300 euros for rent
* 500 euros for electricity bills
* Staff salary is 245 euros per day (depending on the schedule of the day)

The cafe-bar benefits from good local trade with loyal customers of all age groups. Potential exists to build on the current trade by further developing the links with the local community.
The turnover is approximately estimated to 1000 euros per day and the net profit is 8000-10000 per month. We feel the turnover could be further increased by embarking on a modest marketing campaign to promote the business further.

This is an ideal opportunity to acquire an already busy bar with scope for future development!


Location

The Chania Old Town is regarded as one of the nicest old towns of Greece and it is the most wonderful part of the city. The "Old Town" consists of the old Venetian harbour and the small

Venetian blocks located behind the harbour; it is characterized by narrow and picturesque alleys - similar to an enchanting labyrinth - full of life, and the plentiful remaining Venetian and

Turkish buildings. The Lighthouse, the Fortress of Firka, the Mosque of Kioutsouk Hasan, the Great Arsenali and the Neoria have become landmarks of the city.

Most of the buildings are rejuvenated and they compose a puzzle of contemporary, Venetian and Turkish architecture; they are also a 'living' exhibition of the city's history. Today they work as

shops, taverns, cafes and touristic accommodations.

The most famous part of the Old Town is the lively round waterfront along the Venetian harbour, which is full of small hotels, cafes, restaurants, taverns and bars.

Inside the "Old town" there are various districts. The Daliani district was a place where Turks used to live and the Dominican church of Saint Nicolas still remains. The Kasteli district used to be

a noble district, where many mansions were located in the past. At the end of its central road, the "Sintrivani" square is located, where the gentlemen were gathered for coffee, walking or

political conversation. Today this area is regarded as the entrance to the old town and it is full of cafes, restaurants and small bars. In that district it is also located the mosque of Hasan pasha.

The "Akti Kountourioti" is a place with local shops, where many young and older people gathered for entertainment in the bars and restaurants nearby. There is also the Topana district which is

named that way because of the cannons (topia) that the Turks had placed there.

If you want to eat in the Chania Old Town you should try traditional food in the Tamam (renovated Turkish Hamam), the Ela, the Pigadi tou Tourkou (former 19th century steam bath) or the

Karnagio tavern. You should also have coffee in the Palace (previous Venetian Mansion House) and the cafe next to the Lighthouse. For an early drink the Sinagogue (renovated Venetian

building) is an excellent cafe-bar to try.

Koum Kapi is also in a short walking distance (less than 10min) from the Chania Old Town so you can go there for a coffee, drink or food. In the Koum Kapi district there are numerous cafes,

restaurants and bars in the waterfront, along the main pedestrian street.

Price (Euros) 80000

Build area (m²) 90

Storage yes

Toilets 1

Electricity yes

Water yes

Distance to airport, km 15

Seaport Distance, km 6

Town Distance, km 0,15 Municipal Market

Property State Perfect condition

Monthly rent (Euros) 1300

Internet Connection Possible