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Restaurant for Sale in Cyprus

F&B Developer and Operator open to serious offers.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 5 - 10
Legal Entity Limited Liability Partnership (LLP)
Reported Sales USD 176 thousand
Run Rate Sales USD 490 thousand
EBITDA Margin 20 - 30 %
Industries Restaurants
Locations Cyprus
Local Time 1:09 AM Europe / Istanbul
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 117 thousand (Native Currency: EUR 100,000)
Reason: 1. Prime seafront location. • Situated directly on Pissouri Bay’s seafront, one of Cyprus’s most de... View More
Includes physical assets worth USD 58 thousand
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Business Overview
Business highlights –
Client base.
• Affluent British and Cypriot residents, expatriates, and tourists.
• Over 1,100+ guests served monthly at Coast Brasserie (POS verified)
• High proportion of repeat and special-occasion diners (birthdays, anniversaries, business dinners)
Revenue Model.
• Core revenues: Premium dining (food & beverage)
• High-margin drivers: Curated wines, signature cocktails, and premium seafood/meat dishes.
• Future expansion: Retail wine sales and specialty beverage lines.
Financial performance.
• 2024 turnover: €160,000 (achieved break-even in year one)
• 2025 projection: €340,000+ in restaurant revenue.
• Stabilized monthly performance averaging €25k–35k.
Promoter experience.
• Founder with 20+ years international hospitality & entertainment experience.
• Track record of high-profile projects: Atlantis Bahamas, Café Del Mar Bali, Klub 360 Bahrain, City of Dreams, Pacha Tours, FashionTV events.
• Recognized for concept creation, brand transformation, and premium F&B execution.
Business relationships.
• Strong supplier and distributor partnerships across Cyprus & EU.
• Deep integration with expatriate and local Cypriot communities.
• Trusted relationships with premium beverage and wine networks.
Awards & reputation.
• Featured in The Guardian and Cyprus Mail.
• Rated 5.0 on TripAdvisor and 4.5 on Google Maps.
• Established reputation as the leading premium dining venue in Pissouri Bay.
Growth Outlook.
• Expansion into wine retail and premium beverage sales to diversify revenue streams.
Products & Services Overview
Top-selling products.
• Fresh seafood (grilled fish, prawns, seafood platters)
• High-quality grilled meats (steaks, lamb, pork)
• Signature cocktails and curated wines.
Customer Segments.
• Affluent British and Cypriot residents, expatriates, and tourists seeking a premium dining experience.
• Special-occasion diners (birthdays, anniversaries, business dinners)
Usage.
• Guests come for Mediterranean-European cuisine, elegant atmosphere, and professional service.
• Meals paired with premium wines and cocktails, driving beverage sales.
Assets Overview
We do not have any major physical assets besides kitchenequipment and F&F.
Facilities Overview
Facility Profile.
• Location: Prime seafront in Pissouri Bay, Cyprus, highly visible to both tourists and residents.
• Built-up Area: 96 m² indoor dining space and 50 m² outdoor terrace.
• Floors: Single-floor layout, designed for smooth service flow.
• Seating Capacity: Approx. 70 covers (40 indoor, 30 outdoor), expandable with seasonal seating.
• Lease/Rental: Operated under a secure leasehold agreement with monthly rent of approx. €1,500 (excl. utilities).
• Facilities:
• Closed kitchen equipped for premium seafood and grill preparation.
• Dedicated bar and curated wine display.
• Climate-controlled indoor dining and shaded outdoor terrace.
• Storage areas, staff facilities, and rear delivery access.
Capitalization Overview
Current funding.
• The business is owner-funded, with no external equity investors.
• Operations have been supported through personal investment by the promoter and working capital management.
Debts & Liabilities.
• Outstanding supplier debts: approx. €15,000–€20,000 (short-term trade credit, under repayment schedule).
• No active bank loans or long-term financing instruments in place.
• Business cash flow is being used to progressively reduce supplier liabilities while maintaining liquidity.
Shareholding Structure.
• 100% ownership held by the promoter (single shareholder).
• No external equity partners or minority shareholders.
Recent Activity
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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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