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Newly Established Bar for Sale in Batumi, Georgia

Restaurant venue in Batumi with long-term lease, offered for full sale as a turnkey setup.

Established 0-1 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Restaurants + 1 more
Locations  Batumi
Local Time 11:12 PM Asia / Tbilisi
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 300 thousand (Native Currency: USD 300,000)
Reason: The owner is selling the business due to a lack of operational experience in the restaurant sector.
Includes physical assets worth USD 250 thousand
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Business Overview
- Newly established rooftop restaurant located on the 16th floor of the premium Boulevard Point development in Batumi.
- Positioned as a high-visibility dining and event venue with panoramic city and sea views.
- The business has not yet commenced operations, as the launch was planned for February.
- Spans approximately 800 square meters, offering a large-format rooftop setup suitable for restaurant operations, private events, and social gatherings.
- Fullset up with core kitchen and front-of-house infrastructure already in place.
- Operates from leased premises secured under a long-term 10-year rental agreement.
- Structured as a limited liability company with a single owner.
- Entirely owner-funded business with no outstanding loans or external liabilities.
- The business has not yet generated reported revenues, offering a clean slate for repositioning or brand development.
- The revenue is missing because we haven't launched the restaurant yet.
Products & Services Overview
The restaurant is positioned as a rooftop dining and event destination, suitable for premium casual dining, nightlife concepts, private parties, and corporate or social events targeting tourists, expatriates, and local premium clientele in Batumi.
Assets Overview
Tangible assets include kitchen equipment valued at USD 150k and restaurant furniture valued at USD 100k, while intangible assets consist of the business registration.
Facilities Overview
Spans approximately 800 square meters and operates from a rooftop space leased for 10 years at a monthly rent of around USD 5,000.
Capitalization Overview
Single-owner business with no outstanding loans, fully funded by the owner.
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
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2 Buyers viewed this Business this week. Register below to connect now!
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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