An exceptional opportunity to acquire an established seafront hospitality business in Mastichari, Kos, Greece. Featuring a fully equipped restaurant, beach bar, spacious outdoor dining areas, landscaped gardens and parking, the business occupies approximately 3,000–3,500 sqm in total. Its beachfront location, spectacular sunset views and proximity to major tourist resorts make it an attractive investment. The extensive outdoor areas also offer significant potential for weddings, large receptions and private events.
- Asking Price:
- €200,000 Furniture / Fixtures included
- Sales Revenue:
- On request
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The premises are currently leased under an agreement expiring in May 2029. The current annual rent is €18,000. Any new lease or continuation of the existing tenancy will be subject to agreement with the property owner. Further details available to serious buyers.
- Leasehold Rent:
-
€18,000 per annum
- Location:
-
Prime beachfront location in Mastichari, Kos, directly overlooking the Aegean Sea. Surrounded by major tourist resorts, with easy access by car, taxi and on foot. Spectacular sunset views and a peaceful natural setting make this an attractive destination for dining and special events.
- Premises Details:
-
Fully equipped, operational restaurant and beach bar with indoor dining facilities, extensive covered terraces, landscaped gardens, outdoor seating under trees and ample parking. Approximately 3,000–3,500 sqm of business premises and outdoor areas. Suitable for restaurant operations, weddings, receptions and large private events.
- Size in square feet:
- 35000sq ft
- Planning Consent:
-
Existing restaurant facilities and associated installations. Details of permits and planning documentation available to serious buyers upon request, subject to verification.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Significant opportunities to develop weddings, private receptions, corporate functions and large outdoor events. The extensive grounds offer flexibility for events potentially accommodating 400–700 guests, depending on layout and applicable approvals. Further growth opportunities include partnerships with nearby resorts, organised events and expanded daytime and evening services.
- Competition / Market:
-
Established presence in a popular tourist destination, serving international visitors from nearby hotels and resorts. The business differentiates itself through its beachfront setting, spacious outdoor facilities, Greek cuisine and memorable sunset dining experience.
- Reasons for selling:
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After five successful operating seasons, the owners have decided to focus on other business interests and reduce their daily operational commitments. The business is offered as a fully equipped, established operation ready for the next owner.
- Trading hours:
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Seasonal operation from May to October, seven days a week, offering daytime beach services, lunch, dinner and sunset dining.
- Employees:
- 7
- Years established:
- 5
Other Information
- Support & training:
-
The current operators can provide an agreed handover period, including guidance on daily operations, equipment, suppliers and established business procedures, to ensure a smooth transition.
- Furniture / Fixtures value:
- €80,000 - included in the asking price
- Website:
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