Business Catalogue

Profitable business – Restaurant in the center of Timisoara (Romania)
Profitable  business   Restaurant  in  the  center  of  Timisoara  (Romania) 

Selling price: 550,000 EUR
Real Estate Value: 0 EUR
City: Timișoara
Annual turnover: 434,595 EUR
Operating profit (EBITDA): 46,283 EUR
Country: Romania
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Business in the HoReCa domain, is a concept of RestoBar, which started its activity on February 5, 2018, and whose main purpose is to offer exceptional culinary trips to its guests. The location of the working point is in the most populated and famous area of ​​the city, more precisely in the old center of the city, an area that attracts not only all tourists, but also the entire cultural society of the city. In this area of ​​maximum interest we have the great advantage of being one of the two restaurants, in the vicinity being only cafes, which is an asset.
What completely differentiates this business from others in the Horeca domain, is the organized, procedural management system, which has attracted and retained customers loyalty by offering quality, consistency, safety for both staff and guests. Creating a basic system within the business has led to increased profit and stability, a difficult aspect to achieve in this area. At the moment it represents a business with a monthly profit of 25% from sales figures. The market in the Horeca area is constantly developing, the city entering the list of national culinary destinations, and especially the winning of the European cultural capital reputation in 2021.
For this purpose, the location is in the Discover Banat circuit, being one of the 4 restaurants chosen for this tour in Timisoara. Regarding the configuration of the premises, it is located on the ground floor and basement of a restored historical building.
On the ground floor there is a service area of ​​143 sqm, a reception area for guests (according to the ISU authorization there are 70 seats at table), in the form of the letter L, which is very advantageous for clients who want a private space with discretion. Also on the ground floor there is warehouse, the bar, and the administrative office. In the basement there is the kitchen (approx. 70sqm), hall with access to 2 guest toilets, the employees 'locker room, the employees' toilet and the fruit vegetable storage, the cooked food going up to the ground floor through a food elevator, located in the middle of the 2 serving areas. (total area approx 210mp useful).
In addition to those presented, we specify that the place also has a generous terrace exactly in the green area of ​​100sqm.

Detailed information

Business established on 2018-02-05
Goodwill 300,000 EUR
Approximate inventory 60,740 EUR
Inventory included in price No
Number of Employees 16
Reason for sale Other business interests
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