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Restaurant for Sale in Nicosia, Cyprus

Well established and easy to run restaurant that serves Cypriot cuisine with a Greek twist.

Established 20-30 year(s)
Employees 2 - 5
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 170 thousand
Run Rate Sales USD 180 thousand
EBITDA Margin Undisclosed
Industries Restaurants
Locations  Nicosia
Local Time 12:15 PM Europe / Istanbul
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Full Sale
Asking Price: USD 110 thousand (Native Currency: EUR 100,000)
Reason: The owner is looking to exit the business.
Includes physical assets worth USD 21 thousand
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Business Name
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Business Overview

- Restaurant is located on a busy street in Nicosia near supermarkets, banks, and clothing stores.

- Have a seating capacity of 100 customers and we are filled during weekends.

- Excellent customer base with weekend music & dancing including dance floor facilities.

- We also provide takeaway and food delivery through Bolt, Wolt & Foody apps.

- Revenue split from dine-in and food delivery is 50-50%.

- Business is owned by a sole proprietor and there are no debts or liabilities.

Products & Services Overview

Restaurant serving Cypriot cuisine with dine-in, takeaway, and delivery service.

Assets Overview

Fixtures, furniture, music equipment, and kitchen equipment.

Intangible assets include brand, customer base, and license.

Facilities Overview

A rented facility on a busy high street.

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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