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Businesses For Sale   >>   Cyprus Businesses For Sale

Multi-Leisure Entertainment Plaza

Location  Cyprus
Asking Price Range  $5.0M - $10.0M
Gross Revenues  $700000
Net Profit / Cash Flow  $0
Cash Flow Type  EBITDA
Seller Finance  No
Year Established  2009
Number of Employees  50 - 99
Inventory  1200000
Relocatable  No
Number of Employees  50 - 99
Real Estate  Owned
Training  Yes
Reason for Sale  Owner fatique & other committments

A unique, freehold, multi-purpose entertainment plaza with components of traditional architecture, built in an approximate total covered area of 2.180 sq. met. of GLA in two floors, in a plot of land of 1,149 square metres. It can be described as a modern high-quality commercial landmark, combining modern and conventional design, spacious areas and very good quality finishes. Due to the flexibility and versatility of its rooms and common areas, it can accommodate a wide range of social and corporate events and functions in the spacious ball rooms, with the use of its high technology equipment and facilities. In addition, it hosts a number of separate leisure business cash generating units, like a very successful restaurant tavern, a cozy bar, a night club for special events, a coffee lounge, a shop reception area, a conference room, kitchen areas to cater for around 500 guests, and other ancillary facilities. It is a one-stop-shop, fully equipped to host and provide entertainment and leisure for more than 1.000 guests in all its areas combined. The asset has a number of advantages such as a music system composed of seven units which work both independently and in combination, flexibility with opening partitions and glass systems, translators system for conferencing, CCTV, modern lighting systems, TVs and projectors, and sound insulation and sound proof doors throughout. The property has title deeds, CTO License to operate the businesses within, alcoholic drinks license, planning permit, building permit, final building approval and a registered trading name.

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