Restaurant For Sale, Greece

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!


Location:

Nea Makri is a town located in the northeastern part of Attica, Greece. Since the 2011 local government reform it is part of the municipality Marathon, of which it is a municipal unit.
The Penteli mountains that are covered with forests lie to the west and southwest while farmlands are within Petalies Gulf and to the north except for the downtown part of Nea Makri. Beaches cover the eastern part and restaurants, hotels, and tavernas cover the area within the shoreline. Nea Makri is located NE of Athens and the Attiki Odos (number 63), NNE of the Eleftherios Venizelos Airport, SE of GR-1 and SW of Grammatiko.


Why Greece?

* It has strict build density regulations, which will avoid major developments in future and thus overbuilding
* Only 3½ hours from London and many European cities making it a viable weekend break holiday destination
* Voted by the Lonely Planet Guide 2010 as one of the top 10 countries in the world to visit

Price (Euros) 110000

Previous Price (Euros) 125000

Storage yes

Sea View yes

Fire place yes

Parking yes

Levels 1

Baths 2

Central Heating yes

Electricity yes

Water yes

Phone yes

Distance to airport, km 22

Distance to beach, km 0,11

Property State Good

Age 17

Monthly rent (Euros) 700

Furnished yes