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Tex - Real Classic Mediterranean Restaurant

Location  Cyprus
Asking Price Range  $250K - $500K
Gross Revenues  $360000
Net Profit / Cash Flow  $360000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  2008
Number of Employees  10 - 19
Relocatable  No
Number of Employees  10 - 19
Real Estate  Leased
Reason for Sale  Relocating investments.
Description  The restaurant presents Mediterranean cuisine. Areas occupied by the restaurant can hold banquets, celebrations, birthdays, and holidays for children. Convenient location. The restaurant is equipped with all the list of proprietary equipment. Long-term contracts with all suppliers of food and beverage, packaging and supplies are signed. The main clientele - local Cypriots and British, which indicates the high quality cuisine and service. There are ads in several magazines and some Englishs site. The first floor which can be used for an office or apartment is included in the rent. Opened - in 2008. Equipment - in the property. Premises - rented The area of ​​rented premises - 250 m Lease contract to - 2012 with right of renewal Cost of rent - 2500 Payroll month -. 4000 Average monthly income is -. 30 000 Average daily earnings -. 800 Number of visitors per month on average -700 Net profit per month on average -15 000 Price _295 000
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