Profitable Restaurant for Sale in Famagusta, Cyprus
For sale: Restaurant on a busy street with 80-120 daily customers.
| Established | 1-5 year(s) |
| Employees | 10 - 50 |
| Legal Entity | S Corporation |
| Reported Sales | USD 75 thousand |
| Run Rate Sales | USD 216 thousand |
| EBITDA Margin | 40 % |
| Industries | Restaurants |
| Locations | Famagusta |
| Local Time | 5:28 PM Europe / Istanbul |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
55 thousand
(Native Currency: USD 55,000)
Reason: The promoter wants to move to a different country and considers this a fair valuation.
Includes physical assets worth
USD
45 thousand
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Business Overview
- Restaurant that serves Alacarte, Turkish, Iranian, and Argentine cuisine.
- The restaurant is in a busy area near to a university and beach.
- Restaurant has both dine-in and delivery services.
- We get around 80-120 customers daily. Out of that 60-70 are delivery orders.
- The delivery is done by the delivery company.
- The seating capacity of the restaurant is 120 persons at a time with 1 separate private Turkish style corner with 15 people capacity.
- The restaurant is in Famagusta and I live in Turkey and Famagusta.
- The business has not taken any loans and has a sole owner.
- The sales were less last year due to the pandemic, but the business is recovering now.
- The restaurant is in a busy area near to a university and beach.
- Restaurant has both dine-in and delivery services.
- We get around 80-120 customers daily. Out of that 60-70 are delivery orders.
- The delivery is done by the delivery company.
- The seating capacity of the restaurant is 120 persons at a time with 1 separate private Turkish style corner with 15 people capacity.
- The restaurant is in Famagusta and I live in Turkey and Famagusta.
- The business has not taken any loans and has a sole owner.
- The sales were less last year due to the pandemic, but the business is recovering now.
Products & Services Overview
We serve Alacarte, Turkish, Iranian and Argentine cuisine.
Assets Overview
2 fully equipped kitchens, 42 tables, 2 computers, 2 motorbikes, 3 AC, famous art of USD 3,000.
Facilities Overview
300 Sq meter restaurant with 250 British pounds rent.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysPresident, Health Sector, Las Vegas, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysMD, Building Materials, Ljubljana, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysDirector, Food And Beverage, Dubai, Individual Investor / Buyer connected with the Business
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