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Established Sports & Music Bar In Skiathos Island For Sale

Skiathos Island, Magnesia
Asking Price:
€115,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100,000
Cash Flow:
Not applicable

***** About the bussiness *****
profitable business lease in skiathos (greece) for sale.


Asking price: £115,000 pounds sterling
open to sensible offers.

This is a 6 year lease with an option to extend it after this period.
Annual rental is 9,600 euro
(800 euro per month for both bar & 4 bedroomed house).

Furniture / fixtures included
turnover:£90k - £110k per summer season.
Net profit:available on request

a fantastic business opportunity has now become available to buy one the most successful bars on skiathos island. The business has been running for 7 years and has steadily grown during the years.

This is a superb opportunity for someone looking to buy an established business that has all the qualities of a well structured, stable and profitable business.

Having grown steadily over the last 7 years, there are simple procedures in place, meaning the new owner can focus on continued business growth and development, building on the solid foundations left by the existing . simple systems and high-quality standards will allow a new owner to step straight into the role.

The bar is well known for
* Live sports (numerous screens)
* Northern soul & Motown nights
* Live music
* Karaoke nights
* Thirst quenching cocktails

You will be shown how the tv systems work and shown how to show more than one sporting event at a time. English commentary & tv for live matches including bbc1, itv, sky sports & bt sports & greek ote tv. ( This bar is one of very establishments that can show hd picture quality & english commentary.

All the music playlists will be loaded for you.(all you need is a laptop) this will include a massive northern soul & motown collection.

The following equipment will be included in the asking price.

6 x tvs (2 of which are 50inch )

Full music system.
4 x powerfull speakers
1 x amp & 1 x mixer

2 x bar fridges
1 x commercial glass washer
1 x freezer

cctv system x 4 cameras & dvr
2 x powerfull aircon units.

All stools, tables, sofas & benches inside & outside.
All glasses from beer to cocktails
cocktail making ccessories
small coffee machine
2 x mixers (cocktails & frape)
2 x large wall murals

Memorabilia including original posters from wigan casino.

Karaoke system with thousands of tracks and microphone with stand.

The bar has 2 floors the ground floor is where the bar is situated,
2 x booths with separate tv, 2 x toilets & 1 x urinal room.
Capacity on main floor is 70/80 persons
capacity in booth areas is 35/40 persons
upstairs booth area 15/20 persons
outside smoking area can seat 25/30 people.

For major sporting events england euros 2020 you will be dealing with 140 - 180 people.

Currently trading from mid april to mid october.
7 days a week.
Opening 7pm everyday
open early for major sporting events & 3pm kick offs in which you are entitled to show.
You can however open all year round if you decide for locals and expats on the island.

You will be given ownership our tripadvisor account, instagram page, facebook business page & group which already has over 1500 members.

You will own the name of phedrock bar and will have the option if you want to keep our website www.phedrockbar.com

*** about the accommodation ***
• accommodation available above premises. 4 bedroomed house with balcony and roof top garden. Fully furnished.
50inch led tv
2 x double beds
new cooker
microwave
toaster & kettle
washing machine
fridge & freezer
sofa bed
3 rooms have built in wardrobes
fire place
table & chairs for 4 persons.

With 4 bedrooms you can have friends family come over and visit plenty of room for you all .
potential to build 5th bedroom upstairs.


***** About the area *****
the bar is located just off the main street off pappadiamante street in the town of skiathos and is very well situated for passing trade.
Skiathos itself is a beautiful island we have been here many years, its small but friendly and very cosmopolitan and one of the greenest with the most gorgeous beaches! Its very popular with celebrities and has a real mixture of clientele from families to couples to wedding groups... Its known as a boomerang island as many people return year after year which of course is great for business. The summer season runs from early may until middle of october however we always are one of the first to open around april especially for greek easter as we find tourists have also started to visit the island out of season to experience easter themselves. Population on the island is around 6k and of course in summer the island is extremley busy with workers, tourists, holiday companies etc. The island basically lives off of tourism and we are lucky to have many nationalities visit us including brits, americans, swedish, greek, italian etc.
The winters in skiathos are much quieter but a lovely time to relax and see a different side to the island or even catch the ferry over to mainland and explore greece. In general the weather is also very mild during winter and we often find ourselves having bbqs on the rooftop around feb/march time.

If you search phedrock bar you will be able to see information on our bar, our tripadvisor page shows we are rated very highly on the island and also have been awarded our certification of excellence. You can also look up our facebook page which we use for advertising purposes as well as keeping all of our customers up to date with events throughout the summer.


Reviews & videos
copy & paste links in browser to open

https://www.instagram.com/p/blsihncbqclyyizn8aolb60gh_w4g1xaolsyyg0/
Heres a video of one of englands world cup games, so you know what to expect.

Https://www.facebook.com/phedrockskiathos/
heres a link to our facebook page

https://www.tripadvisor.co.uk/attraction_review-d6355900?m=19905
heres a link to our trip advisor

reason for sale is we have two little children and have decide to reside back in UK for schooling purposes.

This is the only reason the business is for sale.

No time wasters. thankyou
If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

This is a 6 year rolling lease.

Leasehold Rent:

€9,600 per annum

Living Accommodation:

4 bedroom house

Location:

Just off main street of papadiamante. Great location for passing trade.

Premises Details:

Established business fully loaded bar with 4 bedroomed house with roof top garden.

Size in square feet:
N/A
Planning Consent:

N/A

Business Operation

Expansion Potential:

There is a half built apartment on the roof top which can be transformed to a 5th bedroomed or an extension for the upstairs bedroom.

Competition / Market:

We are the only bar on this road.. We are also probably the biggest bar and most established on the island. Rated as one of the best bar in Skiathos on TripAdvisor ( check out our reviews) .

Reasons for selling:

We have decide to move back in the UK as we have 2 little children . Schooling purposes

Trading hours:

5pm - 3am
Open for afternoon sports

Employees:
2/3
Years established:
7 years

Other Information

Support & training:

Training of TV systems and drinks will be provided

Furniture / Fixtures value:
€50,000 - included in the asking price
Inventory / Stock value:
€5,000 - included in the asking price
Website:
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