Restaurant for Sale in Nicosia, Cyprus
Acquire a Nicosia tavern serving modern Cypriot-Greek cuisine with 600+ weekly walk-ins and cocktail offerings.
| Established | 10-20 year(s) |
| Employees | 10 - 50 |
| Legal Entity | Limited Liability Partnership (LLP) |
| Reported Sales | USD 460 thousand |
| Run Rate Sales | USD 970 thousand |
| EBITDA Margin | 10 - 20 % |
| Industries | Restaurants |
| Locations | Nicosia |
| Local Time | 2:35 PM Europe / Istanbul |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
185 thousand
(Native Currency: EUR 160,000)
Reason: Promoter is relocating.
Includes physical assets worth
USD
140 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Not disclosed
User Verification
Business Overview
• Profitable branded tavern located in the center of Nicosia.
• Specializes in Cypriot and Greek cuisine, blending traditional recipes with a modern twist.
• Menu includes legumes, meat dishes, appetizers, fried zucchini, pork chops, chicken burgers, and more.
• Offers both vegetarian and non-vegetarian options alongside cocktails and alcoholic beverages.
• Attracts 600–800 walk-ins per week, with consistent local demand.
• Employs part-time staff during peak hours for flexible operations.
• Sales dipped last year due to the renovation closure and have bounced back.
• Holds a valid food license.
• Specializes in Cypriot and Greek cuisine, blending traditional recipes with a modern twist.
• Menu includes legumes, meat dishes, appetizers, fried zucchini, pork chops, chicken burgers, and more.
• Offers both vegetarian and non-vegetarian options alongside cocktails and alcoholic beverages.
• Attracts 600–800 walk-ins per week, with consistent local demand.
• Employs part-time staff during peak hours for flexible operations.
• Sales dipped last year due to the renovation closure and have bounced back.
• Holds a valid food license.
Products & Services Overview
Modern Cypriot and Greek dining experience with a strong mix of traditional dishes, vegetarian and meat options, and cocktails for urban diners.
Assets Overview
Tangible assets: Machinery, kitchen equipment, hall equipment, and inventory stocks.
Facilities Overview
The facility is a rented space in the city center, covering 300 square meters, with a seating capacity of 220 pax, at a monthly rent of EUR 3,000.
Capitalization Overview
The business has a EUR 40,000 bank loan and is solely owned by a single proprietor.
Recent Activity
-
2 weeks agoManaging Partner, Growth Of Existing Business, Beirut, Individual Investor / Buyer connected with the Business
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