{"id":5066,"date":"2026-09-16T13:43:31","date_gmt":"2026-09-16T10:43:31","guid":{"rendered":"https:\/\/epixirisis.com\/?post_type=listing&#038;p=5066"},"modified":"2026-10-05T15:51:17","modified_gmt":"2026-10-05T12:51:17","slug":"fully-licensed-restaurant-for-sale-in-the-heart-of-nicosia","status":"publish","type":"listing","link":"https:\/\/epixirisis.com\/en\/listing\/fully-licensed-restaurant-for-sale-in-the-heart-of-nicosia\/","title":{"rendered":"Fully Licensed Restaurant for Sale in the Heart of Nicosia"},"content":{"rendered":"<p class=\"isSelectedEnd\"><span style=\"color: #000000;\">A fully licensed, renovated restaurant in a prime location in the heart of Nicosia, with six years of successful operation, an established brand and a loyal customer base. The business is fully equipped and ready to operate.<\/span><\/p>\n<h3><span style=\"color: #000000;\">Awards and Reviews<\/span><\/h3>\n<ul data-spread=\"false\">\n<li><span style=\"color: #000000;\">Multiple local and international awards.<\/span><\/li>\n<li><span style=\"color: #000000;\"><strong>4.7 Google rating<\/strong>, with more than <strong>500 reviews<\/strong>.<\/span><\/li>\n<li><span style=\"color: #000000;\">Ranked <strong>6th on TripAdvisor<\/strong> among more than 700 restaurants in Nicosia.<\/span><\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Strategic Location<\/span><\/h3>\n<ul data-spread=\"false\">\n<li><span style=\"color: #000000;\">Highly visible location with strong foot traffic.<\/span><\/li>\n<li><span style=\"color: #000000;\">Within walking distance of the main bus station, theatre and city centre.<\/span><\/li>\n<li><span style=\"color: #000000;\">Close to major blue-collar employment hubs.<\/span><\/li>\n<li><span style=\"color: #000000;\">Adjacent to the new Nicosia Museum and urban redevelopment projects.<\/span><\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Operations and Financial Performance<\/span><\/h3>\n<ul data-spread=\"false\">\n<li><span style=\"color: #000000;\">Fully licensed business with six years of successful operation.<\/span><\/li>\n<li><span style=\"color: #000000;\">Strong brand recognition and a loyal customer base.<\/span><\/li>\n<li><span style=\"color: #000000;\">Consistent growth during <strong>2020\u20132024<\/strong>.<\/span><\/li>\n<li><span style=\"color: #000000;\">Historical net profit margins of <strong>12%\u201317%<\/strong>, with a decline in <strong>2025\u20132026<\/strong> as the owner pursues other business interests.<\/span><\/li>\n<li><span style=\"color: #000000;\">A turnaround effort is required, which is reflected in the reduced asking price.<\/span><\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Included in the Base Asking Price<\/span><\/h3>\n<ul data-spread=\"false\">\n<li><span style=\"color: #000000;\">Renovated restaurant.<\/span><\/li>\n<li><span style=\"color: #000000;\">A \u201cclean\u201d company.<\/span><\/li>\n<li><span style=\"color: #000000;\">Lease agreement.<\/span><\/li>\n<li><span style=\"color: #000000;\">Restaurant licence.<\/span><\/li>\n<li><span style=\"color: #000000;\">Five paid parking spaces.<\/span><\/li>\n<li><span style=\"color: #000000;\">All restaurant equipment, including:<\/span>\n<ul data-spread=\"false\">\n<li><span style=\"color: #000000;\">5 fridges and 3 freezers.<\/span><\/li>\n<li><span style=\"color: #000000;\">Ready-to-use stainless steel kitchen and extraction hood.<\/span><\/li>\n<li><span style=\"color: #000000;\">2 air-conditioning units.<\/span><\/li>\n<li><span style=\"color: #000000;\">Tables and chairs.<\/span><\/li>\n<li><span style=\"color: #000000;\">Professional sound system.<\/span><\/li>\n<li><span style=\"color: #000000;\">Additional equipment.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Growth Opportunities<\/span><\/h3>\n<ul data-spread=\"false\">\n<li><span style=\"color: #000000;\">Franchise potential.<\/span><\/li>\n<li><span style=\"color: #000000;\">Extended opening hours and expanded delivery channels.<\/span><\/li>\n<li><span style=\"color: #000000;\">Opportunities to serve the growing vegetarian and wellness market.<\/span><\/li>\n<li><span style=\"color: #000000;\">Significant growth potential for an owner-operator actively involved in running the business.<\/span><\/li>\n<\/ul>\n<h3><span style=\"color: #000000;\">Brand and Intangible Assets<\/span><\/h3>\n<p class=\"isSelectedEnd\"><span style=\"color: #000000;\">The business has an established brand, intellectual property, proven recipes and operating systems, an existing customer base and an online presence.<\/span><\/p>\n<p class=\"isSelectedEnd\"><span style=\"color: #000000;\">Ownership of the brand, recipes, intellectual property rights, awards, website, Google accounts, TripAdvisor presence and other related assets <strong>is not included in the base asking price<\/strong> and is available for an <strong>additional \u20ac25,000<\/strong>.<\/span><\/p>\n<h3><span style=\"color: #000000;\">Reason for Sale<\/span><\/h3>\n<p class=\"isSelectedEnd\"><span style=\"color: #000000;\">The owner is pursuing other business interests and can no longer dedicate their full attention to the restaurant.<\/span><\/p>\n<h3><span style=\"color: #000000;\">Asking Price<\/span><\/h3>\n<p class=\"isSelectedEnd\"><span style=\"color: #000000;\"><strong>\u20ac95,000<\/strong>, excluding ownership of the brand and the intangible assets listed above.<\/span><\/p>\n<p class=\"isSelectedEnd\"><span style=\"color: #000000;\">The asking price has been reduced for a quick sale.<\/span><\/p>\n<p><span style=\"color: #000000;\"><strong>Enquiries are welcome and will be treated confidentially.<\/strong><\/span><\/p>\n","protected":false},"featured_media":5051,"comment_status":"open","ping_status":"closed","template":"","listing_category":[99],"listing_location":[89],"listing_feature":[],"class_list":["post-5066","listing","type-listing","status-publish","has-post-thumbnail","hentry","listing_category-dining-recreation-areas","listing_location-nicosia-en"],"_links":{"self":[{"href":"https:\/\/epixirisis.com\/en\/wp-json\/wp\/v2\/listing\/5066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/epixirisis.com\/en\/wp-json\/wp\/v2\/listing"}],"about":[{"href":"https:\/\/epixirisis.com\/en\/wp-json\/wp\/v2\/types\/listing"}],"replies":[{"embeddable":true,"href":"https:\/\/epixirisis.com\/en\/wp-json\/wp\/v2\/comments?post=5066"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/epixirisis.com\/en\/wp-json\/wp\/v2\/media\/5051"}],"wp:attachment":[{"href":"https:\/\/epixirisis.com\/en\/wp-json\/wp\/v2\/media?parent=5066"}],"wp:term":[{"taxonomy":"listing_category","embeddable":true,"href":"https:\/\/epixirisis.com\/en\/wp-json\/wp\/v2\/listing_category?post=5066"},{"taxonomy":"listing_location","embeddable":true,"href":"https:\/\/epixirisis.com\/en\/wp-json\/wp\/v2\/listing_location?post=5066"},{"taxonomy":"listing_feature","embeddable":true,"href":"https:\/\/epixirisis.com\/en\/wp-json\/wp\/v2\/listing_feature?post=5066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}