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Restaurant for Sale in Split, Croatia

Touristic restaurant in Split Croatia Old Town with 110 seating capacity, serving Mediterranean cuisine.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 300 - 400 thousand
Run Rate Sales USD 380 thousand
EBITDA Margin 30 - 40 %
Industries Restaurants
Locations  Split
Local Time 9:04 AM Asia / Dubai
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 69 thousand (Native Currency: EUR 60,000)
Reason: Owner is relocating to another country.
Includes physical assets worth USD 76 thousand
Interested to connect with advisors
Documents
Lease
Instagram
Business Overview
- A Mediterranean and African cuisine restaurant with bar located in Pistura ul, Split, Croatia.
- Located inside the old town with beautiful views of the castle wall as our back drop.
- There are 24 tables with two terrace spaces.
- Seating capacity is 110.
- We are open only for 5 months of the year from May to September.
- The business is operated and run by an experienced manager. The business owner is currently travelling.
- We get our highest footfall during the month of August.
- Our interiors, bar and kitchen all recently refurbished with high quality finishings.
- The restaurant has a full inventory and stock and 4.2 rating on Google.
Products & Services Overview
We serve Mediterranean and African cuisine, along with drinks and beverages.
The top selling products are seafood items.
Assets Overview
Umbrellas, furniture, kitchen and bar equipment, cutlery, glasses, table clothes, bar tables, uniforms, menus, beverage stock, fencing and signage.
Facilities Overview
The restaurant occupies a an indoor area of 66sqm and 2 terrace spaces of 59 sqm and 4.8 sqm. Overall monthly rent is about EUR 5,700.
Capitalization Overview
The business is funded by the promoter.
No outstanding loans or liabilities.
There are 2 shareholders for the business - the owner and the manager, with an ownership of 49% and 51% respectively.
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
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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