Restaurant for Sale in Stari Grad, Croatia
| Established | 1-5 year(s) |
| Employees | < 2 |
| Legal Entity | Limited Liability Company (LLC) |
| Reported Sales | USD 227 thousand |
| Run Rate Sales | USD 140 thousand |
| EBITDA Margin | 14 % |
| Industries | Restaurants |
| Locations | Stari Grad |
| Local Time | 4:38 AM Europe / Zagreb |
| Listed By | Business Owner / Director |
| Status | Active |
- 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.
- This is a seasonal business that relies on tourism, with walk-in traffic varying by season.
- Business has a tax certificate.
- Have an employee cum an owner. We hire part time staff based on demand.
Sales by year:
3 years back- €354,496.
2 years back- €290,457.
Last year- €195,351.
Current year- €130,000.
We serve veg and non veg food.
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.
The location also allows for additional seating rental from the town, with space for up to 26 guests at an approximate cost of €1,200 per year (sea view). After our first year of operations, we relocated to this site, and our customer base has not only followed us but continued to grow.
The sale of the business is not tied to the current location. Handover support can be arranged at an alternative site should the buyer choose to relocate. There is also an option to purchase the brand independently, without equipment. This includes the name, menu, recipes and specifications, training and handover support, as well as access to Google, TripAdvisor, and other social media accounts and contacts.