Restaurant for Sale in Tbilisi, Georgia

Franchised seafood restaurant in a tourist location in Tbilisi, with seating capacity for 40-50 customers.

Established 1-5 year(s)
Employees 2 - 5
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 20 - 30 thousand
Run Rate Sales USD 16 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations  Tbilisi
Local Time 12:12 PM Asia / Tbilisi
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 30 thousand (Native Currency: GEL 105,000)
Reason: Moving back to the family in Lebanon.
Includes physical assets worth USD 30 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Business Overview

- Franchised restaurant located in New Agmashenebeli walking street, a tourist attraction in Tbilisi.

- We source fishes from Bahrain and spices from a supplier in Lebanon.

- Have seating facility for 40-50 customers and we receive a daily footfall of 25-50 customers depending on the season.

- Tied-up with 3 main delivery companies in Tbilisi (Wolt, Glovo, and Menu. ge) for online delivery.

- We are one of the top 50 rated Tbilisi restaurants on TripAdvisor and have a 5 / 5 rating with more than 100 reviews. We have also received the Restaurant Guru Award.

- Our sales have recently dropped since we are only catering to online orders due to COVID.

- Our lease agreement also includes a 70 sq mt bar in the basement, and we have rented it out to another business. This can be an additional source of income.

- Selling price includes the full business, license and kitchen equipment.

- Franchise agreement only involves a one-time fee (included in selling price) and there is no monthly royalty.

Products & Services Overview

Serves fish & chips, calamari & chips, shrimps, range of burgers (i. e. meat, chicken, fish, veg), chicken wings, mozzarella sticks, cheese garlic bread, khinkali (chicken or cheese).

Facilities Overview

Rented facility with 55 sq mt built-up area, outside area is 25 sq mt. Basement has a 70 sq mt built-up area. Have a lease agreement valid until next year and is renewable.

The restaurant has direct access from the walking street.

Recent Activity
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. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
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.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more