Very Low Price Cyprus Restaurant Cafe Bar For Sale

Business description

Our well known to our UK costumers’ restaurant in Cyprus R.A.M.J is now for sale. We sell our business but not the building as the building is rented from as from the building owner. Our restaurant it is positioned in Limassol to the touristic area. It has an amazing view of the beach across the front road and it is near to all the hotels and bars and it has near a big parking. The restaurant it is well known from our UK customers for the perfect and well made food that we offer. The restaurant is for sale as it is with everything inside and even the personnel that is at the moment working in the restaurant. It has all the certificates for the EU regulations as everything is been carefully prepared to certify the EU regulations. The restaurant can work with full 130 persons sited and ready to serve from 5 waiters. The food is well prepared and cooked from 4 persons that are trained from the current manager Mr.Andreas Ioannou and his wife Mrs.Rebecca Ioannou which they are the current owners of the business and the lease holders of the building. The business is working perfectly at the moment and is ready to be sold as it is ready for work.

The restaurant it is the ground floor with the cuisine and it has on the first floor the toilets and the small bedroom. It has also a big basement where all the stock is and the 2 big fridges. It also used for storing everything.

The restaurant is fully air-conditioned and full heating control. It has also outside space which is used mostly on the summer period.

Franchise terms

The restaurant can sell all kind of alcohols as it has all the neccesary legal certificates.

Property information

Real Estate:

Lease

Lease terms:

The only term that is listed for the lease term is that the building is been rented for 1100cyp and as long as the rent is been paid the owner of the building can not sell it or rent it to anyone else.

Living accommodation:

It has a small bedroom on the second floor which can accomodate one person.

Location:

The restaurant is at Leoforos Amathuntos street Navaria Beach Apartment Shop No.2-3-4.It is located at the in the touristic area and is very close to famous Hotels of 3-4-5 stars and is located very close to the beach.

Other information

Expansion potential:

Yes the restaurant have the potential to grow.

Competition / Market:

The restaurant is the best at the moment to the near touristic area and they are no threats at all from the other restaurants.

Support & training:

The owner will be glad to train and support the buyer as long as he wants.

Reasons for selling:

The owners want to retired from the busines

Trading hours:

08:00 morning until 02:30a.m

Furniture / Fixtures value:

$180,000 (included in the asking price)

Inventory / Stock value:

$12,500 (included in the asking price)

Related documents:

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• Certificates,Permits,Licences

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• RAMJ Photographs