Fully Equipped Restaurant / Taverna for Sale in Coral Bay – Ready to Operate – €250,000
A rare opportunity to take over a well-established restaurant/taverna in Coral Bay, Peyia (Paphos), which has been operated by the current owner for 32 years. After decades in the business, the owner and his wife are now looking to retire.
The restaurant is being sold fully equipped and ready to operate. Practically everything shown in the pictures is included in the sale – from the professional kitchen and bar equipment to the furniture, tableware and restaurant inventory.
The premises offer approximately 100 seats, with both indoor seating and an outdoor/terrace area.
The professional kitchen includes two cold rooms, extensive commercial cooking, refrigeration, washing and storage equipment, as well as a high-quality RATIONAL SelfCookingCenter. The bar area is also fully equipped.
This is a genuine turnkey opportunity: the new operator can take over an established restaurant with the necessary equipment already in place – essentially, stock the food and start operating.
The premises are rented at the very attractive rate of only €1,000 per month, with the current lease running until the end of 2028.
The restaurant is located in the popular Coral Bay / Peyia area of Paphos, with Philippos Supermarket in Coral Bay only around a 2-minute drive away, making everyday purchasing and supplies extremely convenient.
Sale price for the fully equipped business: €250,000.
The reason for sale is simply retirement. Viewings are welcome by appointment, and serious prospective buyers will also have the opportunity to speak directly with the current owner, view the premises and equipment, and ask further questions about the business.
