Restaurant in one of the most beautiful parks in Riga

ID 4053

Selling price

120 000


Food and beverage

Business type

Restaurant in one of the most beautiful parks in Riga

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A unique opportunity to buy a popular and profitable restaurant, located in a historic building in one of the cleanest parks in Riga, right next to the fountain. The restaurant is located on two floors, and there is a large area for a summer terrace. In recent years, the surrounding areas have developed rapidly, attracting new and solvent residents, and some of them have already become regular visitors to the restaurant. A number of medium and large Latvian companies have also chosen this restaurant as a venue for their corporate events, as its premises are ideal for both small family dinners and large private events, which are skillfully served by the restaurant’s professional team. Using the unique location, the restaurant in the park also regularly organizes various events and concerts, which ensures both visibility and a large flow of customers. There are also facilities for off-site banquets.

Due to the work invested in creating the image of the restaurant, it was able to achieve excellent financial results during the pandemic, but now that the restrictions on assembly have been lifted, the workload is already approaching the pre-pandemic level.

100% of the company’s capital is sold and the investment can be recouped within 2-3 years.

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