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Established Sports Bar In Skiathos Island For Sale

Skiathos Island, Magnesia
Asking Price:
€120,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100,000
Cash Flow:
Not applicable

For sale is the established business lease with a 4 bedroom house above . We are one of the leading and most successful establishments in Skiathos .

The establishment is for sale at £120,000 (sterling pounds).

This is a massive opportunity for someone wanting a new start on the island of Skiathos. The bar is up and running and is a very profitable business opportunity.

Rent €9600 annum (€800 pm)

You are paying for the name and the clientele, The bar will be ready and includes 6 TV screens, music system and speakers, glass washer, fridges, freezer, washing machine, outside benches, inside furniture, memorabilia, massive air con unit, basically a fully loaded bar. There is approximately 70 seats downstairs and a little booth upstairs with a TV which can also seat another 15 people and has its own air con ideal for small parties.

The house situated on top of the bar is 2 floor 4 bedroomed house with a rooftop garden, balcony, new bathroom,and fully furnished.

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

This is the only reason we are selling.. No time wasters ..Thank you
The sale needs to go through Oct - Feb To give you time to get your paper work sorted.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

This is 6 year rolling lease , 1 year would have to paid upfront then you will be rent free for a year, after 800 euro a month. You will have 1st refusal after the 6 year contract so it's up to you how long you keep the building for. I will introduce you to the right people who will help get your tax number and all necessary paper work and put you on the right track to a successful business

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 reside 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:
6 years

Other Information

Support & training:

I will stay with you for a month or so to get you legal and and show you the ropes if required.

Furniture / Fixtures value:
€70,000 - included in the asking price
Inventory / Stock value:
€5,000 - included in the asking price
Website:
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