Restaurant for Sale in Nicosia, Cyprus
Established | 1-5 year(s) |
Employees | 5 - 10 |
Legal Entity | Private Limited Company |
Reported Sales | USD 276 thousand |
Run Rate Sales | USD 274 thousand |
EBITDA Margin | 14 % |
Industries | Restaurants |
Locations | Nicosia |
Local Time | 12:04 PM Europe / Istanbul |
Listed By | Business Owner / Director |
Status | Recently Active |
- Ranked number 5 on TripAdvisor for Nicosia out of nearly 700 restaurants.
- Achieved a 4.8 rating on Google from over 400 customer reviews.
- Named Best Vegan Restaurant Southern Europe by the UK Prestige Awards.
- Recognized as Best Vegan Restaurant Cyprus by the Cyprus Estia Awards for 3 consecutive years.
- Operates in a plant-based and healthy food industry projected to grow from €30 billion to €140 billion in the next 6 years.
- Generated revenue exceeding €1.1 million since its launch.
- Achieved 7% year-on-year revenue growth from the previous year.
- Net profit stands at 9%, with an additional 4.5% derived from franchise royalties.
All equipment, and 100% ownership of Nicosia location. Intangible:
Opportunity to also purchase part or full franchise rights.
First floor storage, customer toilets, staff toilet, and kitchen.
Basement 100 square meters space ready for stock to other outlets.
Located in Nicosia.
2 shareholders with 70% shares and voting rights (founders)
3 more shareholders with 10% stake each.