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Fully Licensed Award-Winning Restaurant In Nicosia's Heart For Sale

Nicosia, Nicosia District, Cyprus
Asking Price:
€145,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
€100K - €250K
Cash Flow:
On request

Prime Nicosia Location | Established Brand | Turnkey Opportunity

MULTIPLE LOCAL & INTERNATIONAL AWARDS

  • 4.7 Google Rating
  • 500+ Google Reviews

STRATEGIC LOCATION

  • High visibility area with strong foot traffic
  • Walking distance to the main bus station, theatre and city centre
  • Close to major blue-collar employment hubs
  • Adjacent to significant urban redevelopment projects

ESTABLISHED & PROFITABLE BUSINESS

  • Fully licensed and operating successfully for 6 years
  • Strong brand recognition and loyal customer base
  • Consistent growth from 2020–2024
  • Historical net profit margins of 12–17%, reduction in 2025 / 2026 due to owner pursuing other paths

GROWTH OPPORTUNITIES

  • Franchise potential
  • Expand opening hours and delivery channels
  • Leverage growing vegetarian and wellness market
  • Significant upside for an owner-operator

TURNKEY SALES BUSINESS

  • Fully equipped operation
  • Established brand and intellectual property
  • Proven recipes and systems
  • Existing customer base and online presence, turnaround effort needed hence the reduction in price

GENUINE SALE
Owner is pursuing other business interests and can no longer dedicate full attention to the restaurant.

Asking Price Reduced from €190k to €145k for a Quick Sale
Confidential enquiries welcome

Property Information

Real Estate:

Lease

Lease Terms:

Rent is €1,150 per month, which is very low, and up for renewal, option of 1, 3 or 5 year contract

Location:

Prime location, walking distance to main bus station, Eleftheria Square, new park, new Nicosia museum being built, theatre, with thousands of blue collar employees working around the area.

Premises Details:

Within one of then oldest apartment blocks in Nicosia, newly refurbished sit in space, total 250 square metres, including 90 m basement, 90 m ground floor bar and sit in space, and 70m first floor kitchen, staff toilets, customer toilets and storage space.

Planning Consent:

All planning and building permits were, done in order to finalise our restaurant license

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

huge potential for franchise, with 3D designs already made, whilst also selling on our burgers, sauces, cakes, and other unique products to other suppliers

Competition / Market:

Restaurant has been in vegan vegetarian space, however huge potential to add to this menu to attract more customers.

Reasons for selling:

Owner burnout and wants to change industry, move back to travel.

Trading hours:

We worked for years Tuesday to Saturday 10am to 10:30pm and Sunday for brunch
However due to owner burnout, we have reduced to Tuesday to Sunday 10am to 4pm and Friday and Saturday night 6:30pm - 10:30pm
Huge potential for 7am opening to tap into the coffee with all the offices in the area

Employees:
6
Years established:
6

Other Information

Support & training:

As owner, I've been in hospitality and travel for 30 years, so available for either ongoing CEO role, and help with expansion, or for a transition period.

Furniture / Fixtures value:
€15,000 - included in the asking price
Inventory / Stock value:
€5,000 - included in the asking price
Relocatable:
This business can be relocated
Distressed:
This business is a turnaround opportunity