Italian Restaurant Pizzeria In Prime Location For Sale

Property Information

Real Estate:

Lease

Lease Terms:

New 5‑year lease in place (with a further 5‑year renewal option); rent is on a stepped schedule, increasing from 2027 as per the lease terms.

Leasehold Rent:

€24,000 per annum

Living Accommodation:

Nearby accommodation available under a separate, very reasonable seasonal lease: a self‑contained apartment suitable for at least 2 people, located within 30 metres of the premises.

Location:

Located in the picturesque Chora of Ios, in a standout prime spot where the main flow of tourists staying in town passes right by the door; evenings are consistently busy and often full

Size in square feet:

2,150

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

The venue’s size and layout make it adaptable to several growth routes: extending hours up to 24h during peak season; adding breakfast/coffee service, lunch and brunch. The generous bar footprint supports an “American bar” style cocktail program with happy hour and late‑night service, creating new dayparts and higher average spend.

Competition / Market:

Chora has a competitive F&B scene, especially in season. We are currently the only Italian restaurant in Chora serving authentic Italian dishes, which gives us a clear niche and repeat trade. Thanks to the prime frontage and 120+ covers (indoor/outdoor, plus bar), the location performs well regardless of format—offering upside even if a buyer wishes to pivot the concept.

Reasons for selling:

The owners have decided to sell for personal reasons and to pursue a new opportunity. This is a discretionary sale of a trading, profitable business

Trading hours:

Monday to Sunday 18 - 01

Employees:

6/8 during season

Years established:

2014

Other Information

Furniture / Fixtures value:

€25,000 - included in the asking price

Inventory / Stock value:

€1,500 - included in the asking price