Seafront Restaurant In Crete

Name: Seafront Restaurant In Crete
SKU: 15421
Price: 300000 EUR
Availability: InStock

Location Europe › Greece Date Added: 13.04.2015 at 16:30 Expiration Date: 27.06.2031 at 12:58 Page Views: 256 Listing ID 15421

Technical data

Purpose

Sale

Description

This restaurant for sale is currently operating during the season, seven (7) months of the year, and employs in total 14 people, whereof 7 waiters/waitresses are working on commission base (10% of the turnover).

The property is two (2) years old and consists of:

* 60m² internal space, all kitchen area
* 40m² loft area, used as storage
* 200m² external area, seats 180 persons
The monthly rent for the building is 2.800 Euro and the external space is rented for 9.000 Euro per year.

The turnover was 480.000 Euro and the profit 100.000 Euro.
Except the rent and the percent salaries other running expenses are:

7 people in the kitchen - 40-45 Euro per person per day
Electricity per operating month - 800 Euro
Water per operating month - 400 Euro

Price:
Compensation - 300.000 Euro
Monthly rent - 2.800 Euro
Annual add. rent - 9.000 Euro

Located at the Old harbour with the view of the famous light house, the Fortezza and close to the mooring places of the tourists boats and yacht harbour.

Chania is a place where visitors literally flock to 12 months a year, most of them during the months April to October. The only thing we need to say about the place is that it is repeatedly voted in the last 25 years as one of the top holiday destinations in Europe.

Price (Euros) 300000

Storage yes

By sea yes

Sea View yes

Inside Village yes

Electricity yes

Water yes

Distance to airport, km 10

Distance to beach, km 0,5

Monthly rent (Euros) 2800 + annual 9000

Compensation (Euros) 300000