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Restaurant for Sale in Limassol, Cyprus

Restaurant with a leisure park, wedding area and a garden, having 150 indoor and 250 outdoor seats.
This Business is on a Premium Plan
Established 5-10 year(s)
Employees 10 - 50
Legal Entity Private Limited Company
Reported Sales USD 430 thousand
Run Rate Sales USD 650 thousand
EBITDA Margin 30 %
Industries Restaurants
Locations  Limassol
Local Time 4:22 PM Europe / Istanbul
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 1.3 million (Native Currency: EUR 1,200,000)
Reason: Owner is moving out of the country.
Includes physical assets worth USD 900 thousand
Interested to connect with advisors
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Business Name
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Business Overview

- Newly renovated restaurant located in Limassol.

- Our restaurant has 150 seats inside and 250 seats outside (veranda).

- We also have a leisure park and a wedding area. Our wedding area has a capacity to accommodate 3,000 people.

- Last year, we organised 4 big weddings and 7 big christening. This year, we have done 7 big weddings and more than 20 christenings. Have also organised more than 100 birthday parties.

- Have 4 star rating on TripAdvisor with good reviews.

- Our assets include building, furniture, customer database, equipment and tools.

- Promoter has more than 2 years of experience in this business.

Products & Services Overview

Restaurant, party area, hosting wedding & christening events.

Facilities Overview

Own 500 Sq Mt building and rented plot including huge playground, garden area, fountains.

Capitalization Overview
Not Disclosed
Recent Activity
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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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