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Iconic Restaurant Opportunity In Chania, Crete For Sale

Chania, Greece
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
On request
Cash Flow:
On request

Established Restaurant Opportunity – Platanias, Chania, Crete

Exceptional Restaurant Business in a Prime Tourist Location

A rare opportunity to acquire an established and highly regarded restaurant in the heart of Platanias, Chania, one of Crete's most popular tourist destinations.

Operating successfully from 2004 until 2020, the restaurant closed solely due to the COVID-19 pandemic and now offers an exciting opportunity for a new owner to refurbish and relaunch a proven hospitality business.

Highlights

• Prime location just 100 metres from the beach

• Adjacent to a prestigious five-star luxury hotel

• Approximately 100 m² internal restaurant

• 300 m² outdoor terrace with seating for 150+ guests

• Fully equipped commercial kitchen

• Indoor and outdoor bars

• Dedicated sushi preparation station

• Restaurant furniture, fixtures and catering equipment included

• Established trading history with an excellent reputation

This is an outstanding opportunity for restaurateurs, hospitality operators or investors seeking to establish or expand their presence in Crete's thriving tourism market.

Refurbishment is required, providing the purchaser with the opportunity to modernise the restaurant while benefiting from an existing fully equipped hospitality operation in an exceptional location.

Price: On Application

Comprehensive information, photographs, equipment inventory and viewing arrangements are available to genuinely interested purchasers upon enquiry.

Property Information

Real Estate:

Lease

Lease Terms:

8 years

Leasehold Rent:

€24,000 per annum

Location:

Platanias main street opposite the 5-star Minoa Palace Resort & Spa

Premises Details:

First floor premises featuring 100m2 interior space for kitchen, toilets, indoor bar and washing area plus 300m2 outdoor terrace.

Size in square feet:
4,300 square feet - 400 metres

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

The infrastructure is already in place, significantly reducing the cost and time required to reopen compared with fitting out a new premises. While refurbishment is required following its closure in 2020, the restaurant provides an outstanding foundation for a new hospitality venture.

Competition / Market:

Refurbishment and restoration of some areas

Reasons for selling:

Retirement

Trading hours:

Flexible

Employees:
10
Years established:
Since 2004

Other Information

Support & training:

Full support

Furniture / Fixtures value:
€25,000 - included in the asking price
Inventory / Stock value:
€1,000 - included in the asking price
Business closed / Asset sale:
Yes