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Cafe- Snack-Bar Bussiness for Sale in Limassol Cyprus

Asking Price: EUR 260000
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Business Location: Cyprus » Limassol » Limassol 
Category: Leisure » Bars & Nightclubs
Description:
The bussiness is operating for the last 4,5 years in a traditional Cypriot house. It is excluded from HACCAP regulations. All the furniture and machines and included in the price. It has all licences for selling snacks, alcohol (in and out of the premises), licence for music (live and recorded) and it is located 20m from the University's frond door. In the beginning of March there will be pedestrian road in front of the bussiness (opportunity to put tables and chairs outside). For now it is operating as a cafe-bar with live music with opening hours from 18:00-2:00am but it has the option of opening from 8:00am until 2:00 am (the next day). The rent is 1268 EUROS PER MONTH
Financial Information:  
Annual gross sales: (EUR) N/A
Yearly Revenue: (EUR)
Total yearly sales revenue		 N/A
Net Profit: (EUR)
Total profit before taxes		 N/A
Furniture and fixtures value: (EUR) 8600
Inventory value: (EUR) 85500
General Information:  
Business Area: 20m from Limassol University
Year Established: 2004
Is Relocatable?:
 No
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 4
Reasons for selling:
 career opportunity- Offer for career change
Market competition and expansion:
 There are not any other cafeteria with all these licences that are also close to the University and that are excluded from HACCAP regulations. Plus the rent is considered really low for the area.
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