Company

Kafejnīca

ID 3845

Selling price

26 500

Industry

Food and beverage

Business type

Kafejnīca

Legal form

Limited Liability Company

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Description

Restaurant with probably the best and most extensive breakfast and lunch offer in Riga. Spacious rooms that will be suitable for both business lunches and family breakfasts. The restaurant offers both on-site and take-away breakfasts and can be ordered with delivery. In summer, coffee can be enjoyed on the outdoor terrace. The cafe is ideally located, with a large flow of customers, in a prominent position with shop windows on the ground floor.

30% of the company is being sold due to a change in the type of business of one of the owners of the company. The decision to sell is not due to business difficulties or a crisis in the hospitality sector caused by a pandemic. The turnover in 2020 was 309 thousand EUR and the profit was 40 thousand EUR – this means that even with the restrictions caused by the pandemic, the investment can be recouped within two years.

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