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Year Round English Style Pub/restaurant In Chloraka, Paphos For Sale

Chloraka, Paphos District, Cyprus
Asking Price:
€75,000 Furniture / Fixtures included
Sales Revenue:
€100K - €250K
Cash Flow:
Available on request

Year round English style pub/restaurant with large expat clientele. With a good reputation for its food and being the only British pub that looks like a traditional British pub with beams and English beers.

Full restaurant licenses meaning that there is no limit on the food that you are allowed to serve.

Lease, fixtures and fittings, and goodwill included in price. Stock can be discussed and included based on the price negotiated.

Seating for up to 100 people inside and outside.

Large upstairs space with permission from the landlord to reinforce the floor to make into further bar area with the idea of a sports bar with darts boards, pool table and TV’s. Paphos has both a pool and darts league as well as a cribbage league which teams can be entered from local bars/restaurants.

There is plenty of scope to further business including extending hours to include breakfast and evenings opening.

Take away and delivery service added to the existing service with excellent response. The restaurant is also on the 2 delivery companies websites/apps bringing in further business.

During the lockdown the business has thrived on take away and delivery being voted as a finalist for the Cyprus Take Out Awards for best fish and chips, best British pub food and best British pub, as well as having a review written in the island wide English print newspaper The Cyprus Mail. These have brought in new customers since being reopened.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

The lease has 1 year left but a new 5 year rolling lease will be given by the landlord to a new owner.

Location:

Situated in a excellent location With many expats in the area and surrounding villages. Close to major supermarket and a main road used from the coast into Chloraka village

Premises Details:

2 stores building with plenty of storage space and scope for further bar area on the second floor.
Large fully equipped kitchen, large cellar, ladies and gents toilets plus staff facilities. Inside seating for 65 people outside seating for 35 people. Car park to the side of the building and ample on street parking.

Business Operation

Expansion Potential:

Plenty of scope for improvement of the business including increasing working hours, first floor space can be made into a games/sports room with pool table, darts board and tv screens, permission given from the landlord to reinforce the floor and put in doorway at the top of the stairs into the area. Pool and darts leagues within the Paphos district.

Competition / Market:

There has been no competitive situations since purchasing the pub/restaurant. There is an English owned bar further up the road and an English owned snack bar further down the road but we all work together and help each other out when needed.

Reasons for selling:

Moving away from paphos to smaller premises to be closer to family

Trading hours:

Scope of increased hours to include mornings for breakfast and later evenings as well as evening opening at the weekend.
Current trading hours are day times only Tuesday to Sunday

Employees:
2 part time staff
Years established:
5

Other Information

Support & training:

Happy to support new owners and help for the first week introducing to suppliers and currently how the business operates

Contact Seller

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