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Established High-Turnover Restaurant Business In Athens For Sale

Athens, Attica, Greece
Asking Price:
€500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€1,350,000
Cash Flow:
On request

Rare opportunity to acquire a highly established and successful restaurant and delivery business in Athens, with 11 years of continuous operation and a consistently growing trading history.

The business generates approximately €1.35 million in proven annual turnover, with strong and stable performance and a well-established customer base.

Approximately 75% of turnover is generated through delivery, 20% from dine-in customers and 5% from takeaway. The dine-in segment offers significant further growth potential, as this part of the business has not historically been developed or promoted to its full potential.

The business benefits from a strong and established digital presence, with thousands of customer reviews across Google, efood, Wolt and other major online platforms, providing substantial brand recognition and a loyal customer base.

The sale includes the established brand and trading name, as well as a recently renovated, fully equipped and turnkey premises, allowing the new owner to continue operations immediately.

The premises comprise approximately 55 sq.m. of indoor space together with a substantial outdoor seating area accommodating approximately 60–70 guests.

Monthly rent is approximately €1,400, representing a particularly attractive occupancy cost relative to the scale and turnover of the business.

This is an opportunity to acquire a proven, high-volume food business with an 11-year operating history, established delivery activity, recognised brand presence and further growth potential.

The sale is offered on a strictly confidential basis. The business name, exact location and further information will be disclosed only to serious prospective buyers.

Asking price: €500,000

Property Information

Real Estate:

Lease

Lease Terms:

Established lease at an attractive rental level. A longer-term lease may potentially be agreed with the property owner, subject to negotiation with the incoming buyer.

Leasehold Rent:

€16,800 per annum

Location:

Strategically located in central Athens, within approximately 1 km of the Acropolis, in a high-demand area benefiting from a strong mix of local residents, students, visitors and tourist activity.

The business is located close to two universities and is also positioned near a planned student residence development, further strengthening the area’s potential for sustained student and residential demand.

The location is particularly advantageous for delivery operations, serving as a strategic hub with efficient access to a wide and densely populated catchment area across central Athens. Its combination of central positioning, proximity to major landmarks and educational institutions, strong local demand and excellent delivery reach supports the existing high-volume operation while offering further growth potential.

Premises Details:

Recently renovated and fully equipped premises of approximately 55 sq.m., designed for efficient high-volume food preparation and service. The business also benefits from a substantial outdoor seating area with capacity for approximately 60–70 guests. The premises are fully operational and ready for immediate continuation of the existing business.

Size in square feet:
592
Planning Consent:

The premises are fully licensed and legally compliant for their current restaurant and food-service operation, with all required approvals and authorisations in place.

Business Operation

Management type:
This business has absentee ownership.
Expansion Potential:

Significant potential remains for further growth, particularly within the dine-in segment, which currently represents approximately 20% of total turnover and has not historically been a primary focus of the business. Further opportunities may include increased promotion of the dine-in experience, optimisation of digital marketing and delivery channels, and broader development of the established brand.

Competition / Market:

The business operates in a competitive food-service market but has built a strong and defensible position over 11 years of continuous operation. Its established brand, high volume of repeat business, extensive delivery presence and thousands of customer reviews across major online platforms provide a significant competitive advantage.

Reasons for selling:

Sale due to a change in the owners’ personal priorities and future plans. The decision to sell is unrelated to the performance of the business.

Trading hours:

Open seven days a week, with all-day trading throughout the year, excluding major public holidays.

Employees:
18
Years established:
11

Other Information

Support & training:

A comprehensive handover of the existing supplier network, key commercial contacts, delivery platform representatives and other relevant business relationships can be provided. The seller will also be available for reasonable assistance during the transition, if required.