Restaurant for Sale in Stari Grad, Croatia
For Sale: Top rated restaurant with established clientele, located on the popular island of Hvar.
Premium Plan
| Established | 5-10 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 230 thousand |
| Run Rate Sales | USD 142 thousand |
| EBITDA Margin | 14 % |
| Industries | Restaurants |
| Locations | Stari Grad |
| Local Time | 6:07 PM Europe / Zagreb |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
29.6 thousand
(Native Currency: EUR 25,000)
Reason: Parted ways with silent partner, ready for new and independent ventures. The restaurant did not oper...
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Includes physical assets worth
USD
12 thousand
Name, Phone, Email
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Business Name
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User Verification
Documents
Business Overview
- Located in Stari Grad on the popular island of Hvar, the restaurant is well-positioned in a vibrant tourist destination.
- The restaurant boasts top ratings, including #2 on TripAdvisor and a 4.8 on Google, making it a well-recognized dining spot.
- Attracts a diverse clientele comprising locals, expatriates, and tourists, with a notable 40% of customers being repeat visitors.
- Strong relationships with local expat communities, suppliers, tour agencies, hotels, and resorts enhance customer acquisition and retention.
- There has been a decline in sales on paper, solely due to shorter operating days. Can provide proof of fewer days/hours worked.
- Despite a decline in reported sales due to reduced operating hours, actual sales figures indicate an upward trend based on hours worked.
Sales by year:
3 years back- €354,496.
2 years back- €290,457.
Last year- €195,351.
- The restaurant boasts top ratings, including #2 on TripAdvisor and a 4.8 on Google, making it a well-recognized dining spot.
- Attracts a diverse clientele comprising locals, expatriates, and tourists, with a notable 40% of customers being repeat visitors.
- Strong relationships with local expat communities, suppliers, tour agencies, hotels, and resorts enhance customer acquisition and retention.
- There has been a decline in sales on paper, solely due to shorter operating days. Can provide proof of fewer days/hours worked.
- Despite a decline in reported sales due to reduced operating hours, actual sales figures indicate an upward trend based on hours worked.
Sales by year:
3 years back- €354,496.
2 years back- €290,457.
Last year- €195,351.
Products & Services Overview
Our best selling dishes consist of fusion recipes, curries, vegetarian options and specialty mocktails and cocktails.We serve veg and non veg food.
Assets Overview
Physical assets - Brand new touchscreen till, printers, napas, ice machine, water softeners, 100L water heater, BEHA radiators, inside and outside furniture.Intangible assets - Recognizable brand with a loyal, year-round customer base, professionally developed menus, recipes, and specifications for top-selling items. The Smart Office back-office software provides detailed sales insights and supports features such as happy hour automation, loyalty cards, and online menu and ordering. A two-month handover period is included, covering assistance with permits, hiring, training, access to key contacts, and optional menu revision or development.
Facilities Overview
There is no facility as I cancelled the lease, so technically it can be anywhere you would like it to be and I would assist in pre-opening as much as agreed upon sale. I am selling the name, brand, menu, concept, and remaining equipment.
Capitalization Overview
There is no outstanding debt. Business has been self-funded with the sole owner and shareholder.
Recent Activity
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Earlier than 15 daysOwner, Boats Rental, Lancaster, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysHead Chef, Restaurant, Lytham, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Banking, Delhi, Individual Investor / Buyer connected with the Business
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