MONARA LIVE MUSIC & SPORTS BAR – PAPHOS
BUSINESS SALE OPPORTUNITY – €350,000 ONO
Structured Payment Plan Available • Initial Down Payment • Up to 2 Years’ Owner Support
A rare opportunity to acquire Monara Live Music & Sports Bar, one of Paphos’ most recognised live entertainment and sports venues.
Located in one of Paphos’ busiest tourist areas, just moments from Kings Avenue Mall and the famous Tomb of the Kings Road, Monara is being offered as a fully operational, profitable and turnkey business.
And importantly, for the right purchaser, you may not need to find the full €350,000 upfront.
We are prepared to consider a structured purchase arrangement with an agreed initial down payment, followed by scheduled payments over an agreed period.
We can also remain involved and work with, support and assist the new owners for up to 1–2 years, helping ensure a smooth transition and giving the purchaser the benefit of everything we have learned while building Monara.
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⭐ WHY MONARA?
Since opening in May 2024, Monara has grown rapidly into a highly recognised destination for live entertainment, sport, food and great nights out in Paphos.
The business offers:
Fully licensed and professionally operated venue
Established and highly recognisable Monara brand
Excellent reputation and outstanding online reviews
Strong local following and year-round tourist trade
Capacity for approximately 200 guests
Live entertainment seven nights a week
Multiple large-screen TVs with full surround sound for live sport
Fully equipped commercial kitchen
Established wood-fired pizza operation
Breakfast, lunch and evening food trade
Highly successful Sunday carvery
Strong social-media presence with an extensive following
Established relationships with performers, suppliers and other local businesses
Experienced team and operating systems already in place
Proven business model with strong year-on-year growth
Existing forward bookings and future business
This isn't a business that needs to be created or launched.
It's already here. It's established. It's trading. And it's ready for somebody new to take it forward.
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💶 STRUCTURED PAYMENT OPTION
We appreciate that purchasing a business of this size is a significant investment.
For the right purchaser, we are therefore willing to discuss a more flexible acquisition.
Rather than requiring the entire purchase price on completion, we may consider:
An agreed initial down payment followed by scheduled payments over an agreed period.
The size of the initial payment, length of the payment period and payment schedule can be discussed with serious prospective purchasers.
Any arrangement would, of course, be subject to satisfactory terms, security and a formal legal agreement.
This could provide an excellent opportunity for somebody with the experience, ambition and resources to operate Monara successfully, without necessarily needing to fund the entire acquisition on day one.
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🤝 WE CAN STAY AND HELP FOR UP TO 1–2 YEARS
Another major advantage of this opportunity is that we don't simply have to hand over the keys and disappear.
For the right purchaser, we are prepared to continue working alongside and assisting the new owners for an agreed period of up to 12–24 months.
Our support could include:
Full operational handover
Staff and management support
Supplier introductions and relationships
Entertainment scheduling and performer contacts
Marketing and social-media support
Events and promotions
Food and beverage operations
Systems and procedures
Customer relationships
General guidance on operating a successful hospitality business in Paphos
The level of our involvement can be tailored to the purchaser.
For an overseas buyer relocating to Cyprus, a family taking on their first major venue, or an existing operator wanting continuity, having the current owners available during the transition could be extremely valuable.
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🏆 A HUGE AMOUNT HAS ALREADY BEEN INVESTED
Hundreds of thousands have gone into creating, renovating, equipping, marketing and developing Monara into the business it is today.
But the real value goes far beyond the physical equipment.
Years of work have gone into establishing the brand, reputation, customer following, entertainment programme, online presence, supplier network and operating systems.
Recreating a venue of this scale and establishing the same reputation and customer base from scratch would require significant investment, time and risk.
With Monara, much of that work has already been done.
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🔑 WHAT'S INCLUDED?
The sale includes substantially everything required to continue operating immediately, including:
Business goodwill
Monara brand, trademarks and intellectual property
Fully fitted commercial bar
Fully equipped commercial kitchen
Wood-fired pizza oven and complete preparation station
Refrigeration and freezer equipment
Food preparation equipment
Glassware, crockery, cutlery, utensils and smallwares
Professional coffee equipment
Professional sound system
Stage and entertainment equipment
Professional lighting
Multiple large-screen televisions
Complete live-sports viewing system
POS/till system and associated equipment
Furniture, fixtures, fittings and décor
Internal and external seating areas
Website and domain name
Social-media accounts and established following
Established supplier relationships
Existing forward bookings and confirmed future business, subject to agreement
Operating procedures, systems and training documentation where applicable
A new owner can take over an established operation rather than spending months building one from the ground up.
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📈 PROVEN PERFORMANCE & FURTHER POTENTIAL
Monara has demonstrated exceptional growth since opening, with increasing turnover and a proven business model.
There is also considerable potential for the next owner to take the business even further through daytime trade, food, private functions, events, entertainment, live sport, delivery, marketing and additional revenue streams.
Detailed turnover, accounts and other financial information will be available to genuine prospective purchasers following the signing of a confidentiality agreement.
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❤️ WHY ARE WE SELLING?
Monara has been far more than simply a business to us.
It has been our passion, our dream and, in many ways, our life.
We have poured an enormous amount of time, energy and investment into creating something we're incredibly proud of.
We've watched Monara develop into a busy venue with a fantastic team, loyal local customers and tourists who return to see us every time they visit Cyprus.
We're not selling because we've fallen out of love with Monara.
Having recently married, we've reached a stage in our lives where we'd like to start enjoying the next chapter together.
We want to travel, spend more time together and gradually move away from the demands of operating a seven-day-a-week hospitality and entertainment business.
That's also why we're prepared to make the transition gradual.
We genuinely want the next owners to succeed.
We would love to see someone take everything we've created, put their own stamp on it and continue building Monara for many years to come.
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🌴 AN IDEAL CYPRUS BUSINESS & LIFESTYLE OPPORTUNITY
This opportunity could suit:
Experienced hospitality operators
Restaurateurs
Entertainment professionals
Investors
Family-run businesses
Existing Cyprus businesses looking to expand
Overseas purchasers looking to relocate to Cyprus
Couples or families looking for an established lifestyle business
With an established operation, experienced staff, a recognised brand and the possibility of both structured payments and ongoing support from the existing owners, this offers something very different from simply purchasing an empty restaurant or bar.
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💶 ASKING PRICE: €350,000 ONO
Two potential routes can be discussed:
Outright Purchase
Purchase the business in full and take over following an agreed handover period.
Structured Purchase
Pay an agreed initial down payment, followed by scheduled payments over an agreed period.
For a structured purchase, the deposit, payment schedule and duration would be individually negotiated and legally documented.
PLUS:
🤝 Up to 1–2 years of ongoing support and assistance from the current owners can be negotiated as part of the transition.
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📩 SERIOUS & CONFIDENTIAL ENQUIRIES
We are happy to speak openly with genuine prospective purchasers and discuss what may be possible.
Detailed financial information, viewing appointments and further business information are available following the signing of a confidentiality agreement.
MONARA LIVE MUSIC & SPORTS BAR – PAPHOS
An established brand. A proven business. A fully operational venue. A flexible route to purchase.
Take over what we've built – and with our support, make Monara your own.