Established Restaurant & Bar for Sale in Nicosia Project №195098

For sale is a ready-made and profitable restaurant and bar business Engomi Nicosia, located in one of the most active and sought-after areas of the city, with a total area of 350 m2, occupying two floors and fully ready for immediate operation. The restaurant has been successfully operating for a long time, has an established reputation and is managed by a professional team of 12 employees. The restaurant is equipped with a full-fledged bar and a spacious seating area with the possibility of partially opening space, which creates a flexible format for guests. An additional advantage is a separate private hall with an area of 120 m2, ideal for events, parties and concerts, generating stable additional income. The kitchen is fully equipped and designed for efficient operation, on the upper floor there is a spacious room used as a pantry, with the possibility of conversion to staff accommodation. The business is sold with furniture, air conditioning, elevator, bathrooms and all necessary licenses, fully 100% ready, with a long-term lease agreement on favorable terms, a payback period of about 4 years and a ROI of 25%, the sale is carried out through the transfer of shares of the company while maintaining all contracts, licenses and operating activities, which makes it The offer is an excellent opportunity for investment and further development in the prestigious Nicosia location.