FOR SALE Very popular restaurant among locals and tourists in Tallinn's Old Town
Business information
| Sale topic | For sale company |
|---|---|
| Industry | Restaurants, cafes |
| Location | Estonia |
| Person count | Full-time 22 persons |
| Adjusted revenue | 1 035 427 EUR |
| Asking price |
400 000 EUR |
A restaurant with a very strong brand, a solid customer base and a high market position in its field.
The company has a strong team and highly dedicated key personnel. According to the wishes of the new owner, it is possible that the know-how will remain tied to the company in some form.
The company has all the necessary equipment and tools for producing catering services.
Annual turnover over one million euros.
As a strong and functional brand, it offers several opportunities for expansion:
On the basis of the current company, it would be possible to open new restaurants both in Tallinn and in other cities.
It is also possible to engage in franchise sales.
Asking price justification
The restaurant is well located in Tallinn's Old Town. It has a terrace both on the street and also between the houses in the courtyard. Terraces bring a significant part of income in the old town during the summer tourist season. Building a similar restaurant in an empty space would probably cost as much as the set selling price.
