Bar for Sale in Split, Croatia
Split restaurant inside 3rd-century palace serving Dalmatian cuisine offered for full business and property sale.
| Established | 10-20 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 405 thousand |
| Run Rate Sales | USD 700 thousand |
| EBITDA Margin | 10 % |
| Industries | Restaurants + 1 more |
| Locations | Split |
| Local Time | 4:34 AM Europe / Zagreb |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
720 thousand
(Native Currency: EUR 620,000)
Reason: The owner is selling the business to pursue a new venture.
Includes physical assets worth
USD
720 thousand
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Business Overview
- Restaurant located within the historic 3rd-century palace complex in Split, positioned in a high-traffic tourist area.
- Offers traditional Dalmatian cuisine complemented by a selection of quality local wines.
- Operates primarily during the peak tourist season of around 8 months, serving lunch and dinner to international and domestic visitors.
- Well-rated establishment known for its unique ambience created by historic stone fortifications integrated into the restaurant interior.
- Seating capacity of approximately 50 guests with both indoor and outdoor dining arrangements.
- The restaurant receives strong daily footfall, averaging around 200 walk-in customers depending on the tourism season.
- Operates with a small team of 3 employees, supported by streamlined kitchen operations.
- Established restaurant with over a decade of presence in one of Croatia’s most visited historic tourism destinations.
- The higher growth compared to last year is mainly due to increased tourist footfall during the peak season and improved restaurant occupancy.
- The restaurant operates with a lean team as it primarily serves a limited seasonal menu with high tourist footfall, enabling strong revenue with fewer staff.
- Offers traditional Dalmatian cuisine complemented by a selection of quality local wines.
- Operates primarily during the peak tourist season of around 8 months, serving lunch and dinner to international and domestic visitors.
- Well-rated establishment known for its unique ambience created by historic stone fortifications integrated into the restaurant interior.
- Seating capacity of approximately 50 guests with both indoor and outdoor dining arrangements.
- The restaurant receives strong daily footfall, averaging around 200 walk-in customers depending on the tourism season.
- Operates with a small team of 3 employees, supported by streamlined kitchen operations.
- Established restaurant with over a decade of presence in one of Croatia’s most visited historic tourism destinations.
- The higher growth compared to last year is mainly due to increased tourist footfall during the peak season and improved restaurant occupancy.
- The restaurant operates with a lean team as it primarily serves a limited seasonal menu with high tourist footfall, enabling strong revenue with fewer staff.
Products & Services Overview
The restaurant serves traditional Dalmatian cuisine and local wines to international tourists and visitors exploring the historic Split old town area.
Assets Overview
Tangible assets include the land and building, kitchen equipment, dining furniture, and operational restaurant infrastructure required for immediate operations. Intangible assets include the company’s VAT registration.
Facilities Overview
The facility includes a 75 sq. m. space with a fully equipped kitchen and is ready for immediate operations. The property is owned by the owners.
Capitalization Overview
The business is owned by two shareholders, has no outstanding loans, and has been fully funded by the owners.
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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