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Listing ID: 1939057

Beautiful Café Bar On Naxos Seafront For Sale

Chora, Naxos Island, South Aegean, Greece

€ 75,000

(Furniture / Fixtures and Inventory / Stock included)

Revenue: € 150,000

Cash Flow: € 100k to 250k

Business Description

Maya Pastry Lounge is a super cool café - Bar on Naxos (Chora) seafront. Open all year, from morning until the evening, Maya is THE meeting point for locals and tourists.

In the middle of the busiest street of the island, close to a boat ticket reseller office, there could not be a possible better location!

At Maya, we are doing speciality coffees, sandwiches, and beautiful cocktails and drinks, in a french bistro ambiance, and a classy decor.

Check us out on TripAdvisor: www.tripadvisor.com/Restaurant_Review-g580192-d4505859-Reviews-Maya_Pastry_Lounge-Naxos_Town_Naxos_Cyclades.html

Check our video: https://vimeo.com/136807549

Maya is for sale because we have other projects (both personal and professional). We are looking for somebody who would be able to run this successful company, maybe keeping the spirit of the place, but definitely with love and passion. This is a perfect opportunity to come and live a great life on a greek island, where the sun shines 330 days a year (and I'm talking about bad weather years).

Property Details

Years Established:

since 2013

Property Type:

Lease

FF&E:

€ 69,850

Inventory Value:

€ 10,000

Other Details

Business Location:

Paralia is the busiest street of the island. Everybody arriving on the island will pass in front of Maya. Everybody leaving the island will pass in front of Maya. You just cannot miss it! Next door, you have a ferry boat ticket reseller (this is really attracting a lot of people). On the other side, you have a nice Italian restaurant (many people come to Maya to wait for a table next door having an aperitif, or/and come after dinner/lunch for a nice dessert and coffee) The sea is literarily 5 meters away.

Premise Details:

The venue has a very nice terrace where customers can enjoy the sunset all year long. 50 people can sit under our 3 big umbrellas (bought in 2013, service is done yearly). Table, chairs and sofa are brand new from July 2015. Table are made of beautiful white marble while chairs and sofas are made of white wood. Cushions are colourful, giving the space a nice and cosy atmosphere. Inside, a little less than 50 people can sit. The are different small areas: - The entrance: ideal to see outside without being seen. Works very well with locals and tourists in cooler summer nights or warm winter evenings - The bar: handmade wooden bar. Ideal spot to speak with the bartender and order something special, maybe something not even on the menu (special cocktails, homemade infused rums, etc) - The lounge: lower tables and comfy sofas. Sit, relax and enjoy the jazz music playing in the background On the inside spaces, you have: - the bar (the other side of it): full equipped with premium machines bought new in 2013 (Ice crusher, juicer, blender, fridges, ice cube machine, etc) - the kitchen: inox surfaces and furnitures, fridge, washing machine, microwave, 2 induction cookers 3500W (one new from 2013, the other one from 2015) Of course, everything you need to work is provided: plates, glasses, forks, knifes, spoons, cups, etc EVERYTHING! Stock is also included (a lot of alcohol, coffee, etc)

Competition:

There is a certain amount of coffee shops on this street of course, but there is no coffee shop open all year, serving delicious homemade pastries. Close to us, there is a coffee shop open all year round, but it has very different customers. Another notable coffee shop is a few hundred meters away from us, targeting the same market segment (middle-top class) but it has no reputation about serving food (snacks, etc)

Expansion Potential:

To expand the business, a few decision could be taken, such as: - giving more savoury food. We are doing a few sandwiches, etc, but serving a few bistro-style dishes, with a good standing would be an option to consider (we are considering it at least at the time of writing) - making bread and more bakery products. Tourists and locals are asking a lot for bread and bakery products (we actually do croissants and pains au chocolat in the winter). Developing this activity can have a notable impact on the sales. - catering. This is more difficult in terms of organisation, but since Maya has a very good reputation for the quality of the products we do, a way to expand business would be to provide catering and sweets for wedding, baptisms, etc.

Operation Details

Employees:

3 fulltime employees, 1 part time during summer

Trading Hours:

We open at 9am and close around midnight during winter, 8am to around 2am during summer.

Support & Training:

Full training and support is available. We are available to help you organise the shop as you want it, train you for coffees, cocktails, pastries, etc Help with providers, your new menu, etc

Miscellaneous

Financing Available:

Yes
15% of asking price available with financing, with fixed terms instalments and guarantee.

Reason For Selling:

We have another opportunity in a totally different field of business.

Contact this seller

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