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Restaurant for Sale in Nicosia, Cyprus

For sale: Award winning vegan restaurant for sale in Cyprus with assets.
This Business is on a Premium Plan
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
Overall Rating
Full Sale
Asking Price: USD 260 thousand (Native Currency: EUR 250,000)
Reason: Retiring from the restaurant business, want to focus on franchise expansion with the right partner.
Includes physical assets worth USD 41.5 thousand
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Business Overview
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Business Overview
- Winner of multiple local and international awards.
- 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.
Products & Services Overview
- Unique opportunity to invest in a proven restaurant concept founded in Nicosia.
Assets Overview
Tangible:
All equipment, and 100% ownership of Nicosia location. Intangible:
Opportunity to also purchase part or full franchise rights.
Facilities Overview
Ground floor seating space with bar, disabled toilet.
First floor storage, customer toilets, staff toilet, and kitchen.
Basement 100 square meters space ready for stock to other outlets.
Located in Nicosia.
Capitalization Overview
Debt free, business is 100% funded from the profits.
2 shareholders with 70% shares and voting rights (founders)
3 more shareholders with 10% stake each.
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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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