Popular Bar In Beautiful Santorini For Sale

Business description

Looking for a new life under the sun on one of the most beautiful Greek islands? Opportunity to buy one of the most popular bars in Perissa, Santorini! Perissa is one of the best resorts on the island with long beach famous for its black sand and clear waters..
The bar is situated in a prime location on the Main Road just 3 minutes from the beach with an outdoor cocktail bar and large seating area set under giant palm trees..Inside is a large bar, DJ booth with latest Pioneer music system, speakers and lights, dancefloor area aswell as kitchen and toilet facilities.

Rent is 1003 euros per month inclusive of 2 twin rooms upstairs, with fridges and wc/shower facilities.
All papers are in order for the bar including a full license and a rare late night music license until 3am, fire safety certifcates all upto date.

Absolutely all stock included in the sale! new furniture sets, table, chairs, umbrellas, large chiller cabinet, large fridge, wide screen tv, projector & screen, new Pioneer music system and lights, foam machine, glasses (coffee machine and 2 chest freezers are rented at no fee as we purchase ice and coffee from these companies).

Serious potential buyers are requested to view the bar NOW! Keys are held locally so just contact us to let us know your arrival date and a viewing can be arranged.

NOTE - This is being sold as a fully operational business so as soon as the sale is made the bar is yours to run! If you are interested and have finance in place to takeover for the new season then get in touch to arrange a viewing now - any further questions can be asked once you are there - please don't email me about turnover etc - Greece as everyone knows is in recession - take this as an opportunity to buy a business at a much reduced price!
**REASONABLE OFFERS WILL BE CONSIDERED**

Property information

Real Estate:

Lease

Lease terms:

The lease will be renewed with the new owner for 6 years and extension negotiable if the new owner wishes to keep it longer.

Leasehold rent:

€12,036 per annum

Living accommodation:

Included in the lease are 2 rooms upstairs which have 2 twin beds in each and fridges and private wc and shower rooms.

Location:

Perissa's Main Road just 3 minutes from the beach

Premises details:

The bar is on the ground floor and the area is 110 sq. metres with a clear space of 90 sq. metres plus 2 rooms upstairs and 1 stockroom below the bar.

Size in square feet:

110 square metres

Business Operation

Expansion potential:

Expansion possible for the sale of snacks, longer opening hours if desired and of course you can keep the bar open all year round if you wanted.

Competition / Market:

No direct competition, there are many restaurants in the area but we are the only cocktail bar / club where people come for late night drinks and dancing. Last year we introduced foam parties - the only bar to host such parties in Santorini!

Reasons for selling:

Relocation to the UK.

Trading hours:

You choose your trading hours!

Employees:

2 / 3

Years established:

5 years although has been a bar many years before that

Other information

Support & training:

We can introduce you to business contacts that you will require.

Furniture / Fixtures value:

€10,000 (included in the asking price)

Inventory / Stock value:

€5,000 (included in the asking price)