Restaurant for Sale in Riga, Latvia

- Thriving Asian restaurant located in Riga, specializing in delectable Indian, Chinese, and Thai cuisine, making it a prime destination for food lovers in the area.
- The restaurant operates two branches: a primary location in the city center with potential seating expansion from 27 to 110, and a second branch in an upscale residential neighborhood designed for takeaways, featuring 10 seats and an additional shop on the second floor.
- The establishment offers a diverse menu that includes a wide range of dishes and beverages, alongside a fully licensed bar, appealing to both dine-in customers and takeaway clientele.
- The restaurant employs a total of six floating staff members in addition to chefs, ensuring high-quality service and efficiency in operations.
- With a strong reputation, the restaurant enjoys high customer traffic, capitalizing on its live cooking experience that enhances the dining atmosphere.
- The business is equipped with both food and alcohol licenses, allowing the owner to explore various revenue streams from dining and beverage sales.
- A major incentive for potential buyers is the opportunity to acquire a 5-year residency permit for non-EU citizens, streamlining the process for foreign investors looking to enter the European market. Post acquisition, the current owner will have to be employed under the business for a 1 year period, within which he will transfer his residency permit to another firm. The salary (including taxes) for this period will be EUR 2,300.