Company

Restaurant in the historical building in the park

ID 4053

Selling price

130 000

Industry

Food and beverage

Business type

Restaurant in the historical building in the park

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Description

The restaurant is located in one of the most beautiful parks in Riga, with a terrace and a view of the fountain. The restaurant is located on 2 floors, which is able to serve both festive dinners with the family and large company balls. The windows that face the park will make you forget the hustle and bustle of the city. The restaurant regularly hosts events in the park, which ensures visibility and a large flow of customers. The company’s turnover even during this pandemic was 200 thousand EUR (working only 5 months), and under normal working conditions the company can recoup the initial investment in 3-4 years, as well as using the existing facilities not only for the on-site cafe, but also for off-site banquets and weddings. total revenue and profit can be increased by 30-40% by earning the initial investment within 2-3 years
100% of the company’s shares are sold.

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