Restaurant Investment Opportunity in Odda, Norway
Highly rated seasonal restaurant in Norway seeks an investor to get out of liquidity crunch.
| Established | 5-10 year(s) |
| Employees | 2 - 5 |
| Legal Entity | Private Limited Company |
| Reported Sales | USD 156 thousand |
| Run Rate Sales | USD 158 thousand |
| EBITDA Margin | 20 % |
| Industries | Restaurants |
| Locations | Odda |
| Local Time | 9:08 AM Europe / Oslo |
| Listed By | Business Owner / Director |
| Status | Moderately Active |
Partial Stake Sale
USD
49 thousand
for
18.0%
stake
(Native Currency: NOK 500,000)
Reason: We require these funds as we are facing a liquidity crunch. We require funds to cover costs like ren...
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Includes physical assets worth
USD
97 thousand
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Business Overview
- Seasonal and highly-rated restaurant in the Norwegian tourist spot of Odda.
- The restaurant has seating for 50 pax which can be increased by 20%.
- We operate between the months of April and October.
- Our sales fluctuate a lot every month, from NOK 300k in June to almost NOK 500k in August.
- We have an amazing online presence through our website and Tripadvisor with 200+ reviews.
- The brand name kept us afloat during the pandemic, at a time when other restaurants had to shut shop.
- The restaurant has seating for 50 pax which can be increased by 20%.
- We operate between the months of April and October.
- Our sales fluctuate a lot every month, from NOK 300k in June to almost NOK 500k in August.
- We have an amazing online presence through our website and Tripadvisor with 200+ reviews.
- The brand name kept us afloat during the pandemic, at a time when other restaurants had to shut shop.
Products & Services Overview
We are a casual oriental restaurant that serves various types of Asian cuisines.
Assets Overview
Physical assets include kitchen equipment worth about NOK 600,000, restaurant furniture, fixtures, and computers worth about NOK 400,000.
Facilities Overview
Rented location of 150 sq. m. with a contract that is valid for 3 more years. We are located in hiking town very close to Odda in Norway.
Capitalization Overview
Not Disclosed
Recent Activity
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Earlier than 15 daysSales Associate, Retail Fashion, Mountain View, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysAnalyst, Business Consultancy, Riga, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysSous-chef, Restaurant, Stavanger, Individual Investor / Buyer connected with the Business
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